Monday, May 23, 2005

Salesforce.com 'Generating Massive Revenue Growth'

Credit Suisse First Boston initiated coverage of salesforce.com (nyse: CRM - news - people ) at "outperform" with a $23 price target. CSFB said salesforce.com "is the poster child for the on demand revolution and is generating massive revenue growth rates (84% year over year in 2005)."

[Forbes.com]

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