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

Rating:
Buy CRM
up 319.43 %

Salesforce.com Inc (CRM) rated Buy with price target $70 by Lazard Capital Mkts

Posted on: Monday,  Nov 16, 2009  9:25 AM ET by Lazard Capital Mkts

Lazard Capital Mkts rated Buy Salesforce.com Inc (NYSE: CRM) on 11/16/2009, when the stock price was $16.68. Since
then, Salesforce.com Inc has gained 319.43% as of 11/20/2015's recent price of $69.94.
If you would have followed this Lazard Capital Mkts's recommendation on CRM, you would have gained 319.43% of your investment in 2195 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.

Lazard Capital Markets’ research team is broadly recognized for its insight, thoroughness, and objectivity. Lazard Capital Markets’ goal is to help our clients make the best-informed decisions by providing timely, thoughtful analysis as well as access to company management teams and industry thought leaders. Lazard Capital Markets’ industry-focused analysts strive to identify emerging sector trends as well as bottom-up fundamental issues affecting their stocks under coverage. We add value by conducting extensive primary survey work, hosting proprietary events, cultivating industry contacts, and participating in relevant industry conferences.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/16/2009 9:25 AM Buy
None
16.68 17.50
as of 12/31/2009
1 Week up  81.99 %
1 Month up  110.97 %
3 Months up  98.26 %
1 YTD up  98.26 %

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