Salesforce.com

Citigroup has raised the price target on salesforce.com (NYSE: CRM) from $124 t0 $145 and maintains its Hold rating.

In addition to its rating upgrade and PT increase, Jefferies is providing some color on Salesforce.com (NYSE: CRM). “We are changing our view on the shares, driven by our increased conviction that the company is emerging as one of the few players in the platform-as-a-service market,” Jefferies...

Jefferies & Company has upgraded Salesforce.com (NYSE: CRM) from Hold to Buy and has raised the price target from $130 to $165.

Salesforce.com (NYSE: CRM) disclosed that Chatter Desktop server pings increased from 1% of transactions in October to >13% in January, Piper Jaffray reports. Beginning on Feb 4th, CRM is excluding those server pings in an effort to improve the reporting of transactions. “We reach two...

Today on CNBC, Jim Cramer said that he thinks that Salesforce.com (NYSE: CRM) should be higher today, not lower. Salesforce.com is currently trading at $137.08, down from $137.95 at yesterday's close.

Deutsche Bank has published a research report on salesforce.com (NYSE: CRM) in anticipation of a strong 4Q, with long-term growth expected to be driven by user adoption that will hopefully lead to more sophisticated usage. In the report, Deutsche Bank writes "Heading into the seasonally strong 4Q,...

Deutsche Bank has raised the price target on salesforce.com (NYSE: CRM) from $170 to $180 and maintains its Buy rating.

Morgan Keegan has raised the price target on Salesforce.com (NYSE: CRM) from $155 to $165 and maintains its Outperform rating.

Deutsche Bank has published a research report on salesforce.com (NYSE: CRM) and reiterates its optimism after hosting the 4th annual CRM Partner Investor Track. In the report, Deutsche Bank writes "We hosted our 4th annual CRM Partner Investor Track where we met with top executives from the largest...

Citi published its research report on salesforce.com's (NYSE: CRM) acquisition of Heroku. In a note to clients, Citi writes, "Heroku expands the company's PaaS breadth towards consumerfacing applications and, along with the new Database.com and VMforce, positionsthe company as a more attractive...

Goldman Sachs is reiterating its Buy rating on Salesforce.com Inc Common Stock (NYSE: CRM) while raising its price target to $153 (from $144). “Our continued bullish view is driven by: (1) salesforce.com is a key beneficiary of the secular shift to SaaS, a trend that is still nascent and...

Morgan Keegan has published its industry update today and has raised its price target on salesforce.com (NYSE: CRM) from $130 to $155. In its report to clients, Morgan Keegan writes, "Our valuation reflects our improved growth and cash flow outlook which is representative of the company's...

Salesforce.com (NYSE: CRM) reported better than expected F3Q results driven by strong new customer additions and cross-selling into its installed base, as well as improving attrition rates, a healthy pricing environment and a weaker dollar, Oppenheimer reports. “The accelerating growth CRM has...

Salesforce.com (NYSE: CRM) reported F3Q11 revs/ billings/ NG EPS/ FCF of $429M/ $441M/ $0.32/ $53M v Street at $411M/ $413M/ $0.21/ $22M, Jefferies & Company reports. “F4Q11 rev/ NG EPS of $447-448M/ $0.27-0.28 v Street at $425M/ $0.28. FY12 initial rev guide of $1.97B-2.0B v Street at $1.91B...

Morgan Keegan is raising its price target for Salesforce.com (NYSE: CRM) from $130 to $155 “(based on 43x our CY11 (FY12 - January) CFO/share estimate of $3.43 - a PEG of 2.1x to our CY09 to CY12 CFO/share growth CAGR estimate of 20%.” “Q311 illustrated continued acceleration in the Salesforce.com...