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

Rating:
Neutral CRM

Salesforce.com Inc (CRM) rated Neutral with price target $40 by Credit Suisse

Posted on: Friday,  Aug 21, 2009  9:25 AM ET by Credit Suisse

Salesforce.com Inc (NYSE: CRM)
rated Neutral with price target $40 by Credit Suisse.

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.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/21/2009 9:25 AM Hold
None
13.05 10.00
as of 12/31/2009
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/22/2009 8:25 AM Hold
None
9.11 8.75
2/26/2009 8:25 AM Hold
None
7.03 6.88
7/11/2008 8:25 AM Hold
None
15.72 17.75

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