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Salesforce.com Inc (CRM) [hlAlert]

Rating:
Hold CRM

Salesforce.com Inc (CRM) rated Hold

Posted on: Thursday,  Sep 6, 2007  9:25 AM ET by KeyBanc Capital Mkts

Salesforce.com Inc (CRM)
rated Hold by KeyBanc Capital Mkts.

Salesforce.com, inc. is a provider of software on demand. The Company provides customer relationship management (CRM) service to businesses of all sizes and industries worldwide. The Company also provides a technology platform for customers and developers to build and run business applications. Approximately 55,400 customers worldwide use salesforce.com to manage their customer, sales and operational data. The Company designed and developed its offering to be an easy-to-use and intuitive solution that can be deployed rapidly, can be customized easily and can be integrated with other software applications. The Company deliver its service through a standard Web browser. Customers who use its enterprise cloud computing CRM service and platform are able to avoid many of the expenses and complexities of traditional enterprise software development and implementations.

KeyBanc Capital Mkts is one of the nation's largest bank-based financial services companies, with assets of approximately $89 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. The company's businesses deliver their products and services through branches and offices.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/6/2007 9:25 AM Hold
None
10.41
as of 12/24/2008
1 Week up  4.80 %
1 Month up  15.03 %
3 Months up  48.28 %
1 YTD down  -31.27 %

(*) Stock Price at the time of the recommendation.
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