Salesforce.com

JP Morgan has initiated coverage on salesforce.com (NYSE: CRM) with a Neutral rating and $140 price target.

According to Bank of America, Salesforce.com (NYSE: CRM) Buy rating is reiterated. Bank of America said that it hosted a session with Graham Smith, CFO of Salesforce at our Technology Conference. “The partnership with Intuit to integrate Quickbooks with CRM allows Salesforce to tap into Intuit's 4...

According to Wedbush, Salesforce.com (NYSE: CRM) reported very strong FQ1 results with yr/yr billings growth of +44% (much higher than the whisper of ~30+%), which it calculates was ~+39% in constant currency. Wedbush said that with revenue and billings growth accelerating, and with several new...

Wedbush Securities has raised the price target on salesforce.com (NYSE: CRM) from $150 to $170 and maintains its Outperform rating.

Deutsche Bank has raised the price target on salesforce.com (NYSE: CRM) from $200 to $210 and maintains its Buy rating.

Piper Jaffray has raised the price target on salesforce.com (NYSE: CRM) from $177 to $183 and maintains its Overweight rating.

According to Morgan Stanley, Salesforce.com (NYSE: CRM) is under a service cloud. Morgan Stanley said that its work points to strength in the Service Cloud, decent large deal activity, improvements in Force.com and upside from recent acquisitions, which combined with the qtrly trans. data leads it...

Deutsche Bank is out with its report today on salesforce.com (NYSE: CRM), reiterating Buy. In a note to clients, Deutsche Bank writes, "Salesforce.com is scheduled to report 1Q12 results on May 19 after market closes. We are expecting the company to exceed our revenue of $481m and $0.27 vs Street'...

According to Wedbush, Salesforce.com (NYSE: CRM) is scheduled to report FQ1 results on Thursday, May 19, with a conference call that day at 5:00 PM ET. Wedbush said that it forecasts FQ1 revenue of $480.5M, which compares to the consensus of $482.5M and management's guidance of $480M-$482M. “We...

In a recent report, Citi has maintained a Hold/ High Risk rating and $145.00 price target on Saleforce.com (NYSE: CRM) as Citi checks indicate increasing deal sizes. In the report, Citi said, "Sales Cloud traction continues with evidence of continued large deal activity. Momentum continues to...

Symantec (NASDAQ: SYMC) is scheduled to report fiscal fourth-quarter 2011 results after the closing bell tomorrow, May 11. Analysts are looking for the company to announce that per-share earnings slipped 10% from a year ago to $0.36. That consensus estimate is unchanged in the past 60 days. The...

Checks indicate continued strong demand for core Salesforce.com (NYSE: CRM), “with newer products creating strong upsell opportunities (Service, Chatter, Force.com),” Morgan Stanley reports. “We model YoY billings growth of 32% in Q1 and 26% in FY11, which is likely low if current trends continue...

Wedbush is maintaining its $150 price target on Salesforce.com (NYSE: CRM). “Salesforce.com announced it is acquiring Radian6, the leader in social media monitoring, for $340M,” Wedbush writes. “Salesforce.com will pay $276M in cash and $50M in stock, plus an additional $14M in cash and stock to...

According to Morgan Stanley, Salesforce.com's (NYSE: CRM) 10-K review highlights strategic investments. Morgan Stanley reported that increased investment in infrastructure and headcount growth in S&M and R&D stood out in CRM's FY11 10-K, as the company builds out for long-term growth. “As...

Wedbush Securities has lowered the price target on Salesforce.com (NYSE: CRM) from $1460 to $150 and maintains its Outperform rating.