DA Davidson Initiates coverage on Salesforce.com

Analysts at DA Davidson initiated coverage on Salesforce.com Inc

with a neutral rating. The target price for Salesforce.com is set to $62. Salesforce.com's shares have gained 6.74% over the past 52 weeks, while the S&P 500 index has risen 14.89% in the same period. Salesforce.com's shares closed at $56.73 yesterday.