UPDATE: Stifel Raises PT on salesforce.com Following F2Q14 Results Report

In a report published Friday, Stifel analyst Tom Roderick reiterated a Buy rating on salesforce.com (NYSE: CRM ), and raised the price target from $53.00 to $60.00. In the report, Stifel noted, “On Thursday, August 29, after the close, salesforce.com reported F2Q14 results that were well ahead of expectations. As