Canaccord Sees Salesforce Shares Near $180 Within 3 Months

Canaccord Genuity's Richard Davis sees shares of Salesforce.com moving toward $180 over the next several months. Davis is modeling for Salesforce to be reporting $10 billion in sales within the next six years. The analyst's comments follow inline Q3 results and raised FY13 guidance from the company last night. Davis maintains a Buy rating and $180 price target on Salesforce.com.