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

Rating:
Hold CRM
up 20.97 %

Salesforce.com Inc (CRM) downgraded to Hold with price target $44 by Soleil

Posted on: Tuesday,  Jul 28, 2009  8:25 AM ET by Soleil

Soleil rated Hold Salesforce.com Inc (NYSE: CRM) on 07/28/2009. Previously Soleil rated Buy Salesforce.com Inc (NYSE: CRM) on 10/15/2008., when
the stock price was $8.94. Since then, Salesforce.com Inc has gained 20.98% as of 07/28/2009's recent price of $10.81.
If you would have followed the previous Soleil's recommendation on CRM, you would have gained 20.97% of your investment in 286 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.

Soleil focuses on institutional research without ties to proprietary trading. By aggregating unbiased, actionable research, we allow our institutional clients to access a variety of perspectives and investment opinions from one trusted source. Our experienced sales professionals and research production team evaluate and filter dozens of independent research analysts to create a select group of research partners that best serve our clients. Each of our analysts has considerable industry experience, significant institutional relationships, a deep understanding of a particular sector, and the ability to deliver proprietary data and insights. Through expanded coverage of conventional and under-followed companies, they provide multiple perspectives and divergent viewpoints across a variety of industry sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/28/2009 8:25 AM Hold
None
10.81 11.00
as of 12/31/2009
1 Week   
1 Month   
3 Months   
1 YTD up  35.11 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/15/2008 9:25 AM Buy
None
8.94 13.00
8/21/2008 9:25 AM Hold
None
14.43 17.50

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