1 posts and columns on Michael Nemeroff

Salesforce.com: The Stock Is Too High, Wedbush Says

in News on April 9, 2009 at 12:25 pm PT

Take profits in Salesforce.com, Wedbush Morgan analyst Michael Nemeroff advises. Nemeroff this morning cut his rating on CRM to Sell from Hold, noting that the shares at last night’s close of $37.38 were more than $10 above his $27 target price.