Morgan Keegan Maintains Outperform on salesforce.com

Morgan Keegan is out with its report today on salesforce.com CRM, maintaining Outperform. In its report, Morgan Keegan writes, "We advise investors to buy CRM shares at the current price and even more aggressively on dips because we believe its business model is fairly well insulated from macroeconomic volatility since its applications products help enterprises generate more revenue, and its platform solutions can aid in reducing costs." Morgan Keegan maintains a $165 PT on CRM. At the time of posting, shares of CRM were trading at $124.41, down 2.04% from Thursday's close.