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

Rating:
Buy CRM
up 479.21 %

Salesforce.com Inc (CRM) rated Buy with price target $73 by Broadpoint Capital

Posted on: Thursday,  Aug 21, 2008  8:25 AM ET by Broadpoint Capital

Broadpoint Capital rated Buy Salesforce.com Inc (NYSE: CRM) on 08/21/2008. Previously Broadpoint Capital rated Buy Salesforce.com Inc (NYSE: CRM) on 11/16/2007.,
when the stock price was $12.08. Since then, Salesforce.com Inc has gained 479.21% as of 11/20/2015's recent price of $69.94.
If you would have followed the previous Broadpoint Capital's recommendation on CRM, you would have gained 479.21% of your investment in 2926 days.

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.

Broadpoint Capital, Inc. is an investment banking and capital markets firm that provides corporate and public finance services and trading of corporate, government, and municipal securities for institutions. The company has three divisions: Municipal Capital Markets division, which underwrites and trades municipal securities in new issue and secondary markets; Taxable Fixed Income division, which is a dealer focusing on fixed income securities with limited liquidity; and Equity Capital Markets division, which is a sector-focused investment banking group providing research, trading, raising of capital and advisory services for institutional and corporate clients. Broadpoint Capital, formerly known as First Albany Corporation, was founded in 1953 and is based in New York, New York. The company operates as a subsidiary of First Albany Companies Inc.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/21/2008 8:25 AM Buy
None
14.43 18.25
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
6/26/2008 8:25 AM Buy
None
17.27 19.50
3/14/2008 8:25 AM Buy
None
14.97 17.50
11/16/2007 9:25 AM Buy
None
12.08 15.75

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