Morgan Stanley Sees ExactTarget Growth As Positive For salesforce.com


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In a report published Thursday, Morgan Stanley analyst Keith Weiss reiterated an Overweight rating and $79.00 price target on

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salesforce.com (NYSE: CRM).In the report, Morgan Stanley noted, “Conversations at ET's user event in NYC underline our analysis of the core ExactTarget growth, which shows an acceleration since being brought under the CRM umbrella. We continue to see CRM as one of the most attractive assets in software and one of our top picks for CY14.”salesforce.com closed on Wednesday at $57.76.
Posted In: Analyst ColorReiterationAnalyst RatingsKeith WeissMorgan Stanley