Rochester, NY 8/25/2009 6:20:59 AM
Salesforce.com CRM ,Salesforce.com CRM Upgrading and revise by Piper Jaffray to overweight
Salesforce.com
Piper Jaffray & Co. upgrades salesforce.com CRM to Overweight. Price target $47 to $65. Piper analyst say’s the improvement, “We are upgrading CRM because we believe that First a temporary period of downward revenue revisions has concluded; second the bottomed last quarter Billings growth at +10% y/y.
Piper Jaffray 3rd analyst say’s that CRM remains the best long-term play on one of the largest-ever shifts in technology, from on-premise to Cloud-based On Demand systems and the last is powerful uptake of Force.com and Service Cloud offerings can fuel rapid growth as the economy recovers."
About WhisperFromWallStreet
whisperfromwallstreet.com has a dedicated team uncovering stocks ready to break and run. We apply time tested criteria and when one of these stocks meets or exceeds our benchmarks, our subscribers are immediately notified.
This is a free service available only to subscribers. Scroll to the bottom of this page to signup for free stock alerts and visit our site.
Disclaimer: Full disclaimer at http://whisperfromwallstreet.com/disclaimer.php
IMPORTANT: Never invest in any stock featured in any press release, email or website unless you can afford the loss of your entire investment. Stocks and particularly penny stocks have the possibility for dramatic gains, and also losses. Neither WhisperfromWallStreet, nor any of its affiliates are registered investment advisors or broker dealers.
