[May 25, 2012] Upgrade Alert for salesforce.com (CRM) Tweet May 25, 2012 (SmarTrend(R) Upgrades/Downgrades via COMTEX) -- salesforce.com (NYSE:CRM) was upgraded from Perform to Outperform at Oppenheimer today. The stock closed yesterday at $146.21 on volume of 2.5 million shares, below average daily volume of 2.9 million. salesforce.com (NYSE:CRM) has potential upside of 19.2% based on a current price of $146.21 and analysts' consensus price target of $174.28. salesforce.com shares should encounter resistance at the 50-day moving average (MA) of $151.99 and support at its 200-day MA of $130.01. In the past 52 weeks, shares of salesforce.com have traded between a low of $94.09 and a high of $164.75 and closed yesterday at $146.21, which is 55% above that low price. The 200-day and 50-day moving averages have moved 0.26% higher and 0.04% lower over the past week, respectively. Salesforce.com, Inc. provides application services that allow organizations to share customer information on demand. The Company provides a customer relationship management service to business of all sizes and industries worldwide. SmarTrend is tracking the current trend status for salesforce.com and will alert subscribers who have CRM in their portfolio or watchlist when shares have changed trend direction. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup [ Back To TMCnet.com's Homepage ]