Piper Jaffray Starts salesforce.com (CRM) at Buy
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Piper Jaffray assumes coverage on salesforce.com (NYSE: CRM) with a Buy rating and $81 price target, saying the company offers unique economics as leader in On-Demand applications and infrastructure.
The firm said, "Customers are embracing on-demand offerings over legacy client-server products because they can save money by foregoing the headaches of assembling an IT task force, building a data center, stitching together database clusters and application servers, tuning the system, and tolerating painful upgrades. Salesforce.com handles the complex infrastructure, while customers only need a web browser and an internet connection to be up-and-running." [LJ]
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Comments
crm worth 10
crm is a 10$ stock Look at insiders selling
new high
crm will hit a new high tomorrow!
wow $81?
Where did they get $81? I hope you're right. CRM definately creates a lot of value for customers.
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re: crm worth 10
crm on Apr 22, 2008 03:08 PMthose aren't insiders.