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Salesforce.com: Citi Ups Rating To Buy on Valuation

allthingsd.com » 2008 » August » 26th » Salesforce.com: Citi Ups Rating To Buy on Valuation

Tagged: frontpage, crm, voices, eric savitz, citigroup, salesforce com, brent hill

By Eric Savitz, Blogger and Columnist, Barron's Salesforce.com (CRM) shares are trading higher this morning after Citigroup’s Brent Thill raised his rating on the stock to Buy from Hold, while maintaining a $70 price target. Thill notes that the stock had dropped 13 percent in the three days after the company reported earnings, “even after short-covering.” He notes that the company trades at … Continue Reading »

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