Bernstein Research Reiterates Underperform on salesforce.com on Expected Slow Growth

By: Benzinga
In a report published Wednesday, Bernstein Research analyst Mark L. Moerdler reiterated an Underperform rating and $29.00 price target on salesforce.com (NYSE: CRM ). In the report, Bernstein Research noted, “Salesforce.com's stock prices-in sustained strong growth and significant margin expansion. We believe these expectations are too optimistic. We see growth
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