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Enter Symbol:
 
Salesforce.com Inc (CRM) [hlAlert]

Rating:
Hold CRM

Salesforce.com Inc (CRM) rated Hold

Posted on: Friday,  Nov 16, 2007  9:25 AM ET by Cantor Fitzgerald

Salesforce.com Inc (CRM) rated
Hold with price target $61.00 by Cantor Fitzgerald.

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.

Cantor U.S. Equity Research provides timely and insightful opinions on select stocks. We look at key drivers of the stock price, including company and industry fundamentals, capital markets influences and overall economic trends to provide critical and in-depth analysis. Our focus is on small and mid-cap companies in the following sectors: * Marine Transportation * Life Sciences * Clean Technology & Energy Efficiency * Real Estate * Communications Technology * Internet * Enterprise Software
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/16/2007 9:25 AM Hold
None
12.08 15.25
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 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/15/2007 9:25 AM Hold
None
13.95 14.50

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