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Salesforce.com (CRM) options active into Q4 results

February 23, 2012 10:35 AM EST
Salesforce.com (NYSE: CRM) call volume of 5K contracts compares to 3K puts according to Track Data, suggesting movement into the expected release of Q4 results today after the market close. CLSA raised its 12-month price target to $145 from $125 and reiterated its Outperform rating on the anticipation of solid 4QFY12 results.


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