Goldman Sachs is out with its report today on salesforce.com CRM, maintaining Buy.
In its report, Goldman Sachs writes, "We expect quarter-to-date transaction growth to resume its acceleration through the back half of the quarter as September and October face relatively easier compares in the popular vacation months of June and July. In our view, the QTD server transactions data suggest continued strong growth in Salesforce.com's business."
Goldman Sachs maintains a $150 PT on CRM.
Shares of CRM closed Friday at $136.56, up 3.28% from Thursday's close.
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