Oppenheimer Maintains Perform Rating on Salesforce.com

By John Harris
Benzinga Staff Writer
December 16, 2011 9:15 AM

Symbols: CRM

Posted in: Analyst Color, Analyst Ratings

According to Oppenheimer, Salesforce.com (NYSE: CRM) Perform rating is maintained.

Oppenheimer said that CRM announced that it is acquiring Rypple, a provider of performance management solutions. “Given these facts, challenging comps and a healthy valuation, we remain on the sidelines.”

Salesforce.com closed yesterday at $106.71.

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Oppenheimer Maintains Perform Rating on Salesforce.com

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