UPDATE: Morgan Stanley Reiterates Overweight Rating, Removes PT on salesforce.com on Multiple Positive Factors

In a report published Wednesday, Morgan Stanley analyst Keith Weiss reiterated an Overweight rating on

, but removed the $79.00 price target. In the report, Morgan Stanley noted, “Solid progress extending the ET platform, increasing integration with core SFDC and heavy sales investment should bolster investor confidence in the durability of growth. As CRM proves out sustainable mid-20's growth AND margin expansion in 2H15, we see investors coming back to this secular winner.” salesforce.com closed on Tuesday at $56.81.