Salesforce.com

Goldman Sachs is raising its Salesforce.com (NYSE: CRM) model to reflect bookings upside. “Our top-line moves to $1,650 mn, $2,004 mn, and $2,406 mn, from $1,609 mn, $1,923 mn, and $2,347 mn for FY11-FY13. EPS (excluding ESO) is now $1.20, $1.64, and $2.10 compared to $1.18, $1.55, and $1.98,”...

In a note to clients, Piper Jaffray maintains its Overweight rating on Salesforce.com (NYSE: CRM) following checks conducted with 52 CRM partners. Piper Jaffray writes, "For the 52 salesforce.com partner firms we contacted, 41% were above plan during Q3 (vs. 60% last quarter), while 39% were at...

Wedbush has increased its price target on Salesforce.com (NYSE: CRM) from $112 to $120.

Over the weekend, Salesforce.com (NYSE: CRM) has acquired privately held Activa Live for an undisclosed sum. Based in St. Clair Shores, MI, Activa Live offers cloud-based, enterprise-grade live chat services geared toward customer service, according to Oppenheimer.

Shares of Salesforce.com, inc. (NYSE: CRM) followed the market down today, despite the company recently beating Wall Street expectations and having its price target raised by an analyst today. Shares of Salesforce.com were down nearly 3% in afternoon trading, before closing down 2% for the day....

Thomas Weisel analysts Tom Roderick and Gur Talpaz maintained their Overweight rating for shares of Salesforce.com (NYSE: CRM) and raised their price target from $70 to $77. The Thomas Weisel analysts said that the 24% growth in 4th quarter billings drove them to increase their price target for...