Salesforce.com (CRM) volatility on flattens on Dreamforce 2011
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Salesforce.com (NYSE: CRM) is hosting its annual user conference Dreamforce 2011 today thru September 2 in San Francisco; CA. Goldman Sachs has a $150 price target on CRM. Overall option implied volatility of 48 is near its six-month average of 47 according to Track Data, suggesting larger price movement.
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