Around the Net
Morgan Stanley Report Calls Salesforce Deal Unlikely
- Benzinga, Monday, May 11, 2015 2:47 PM
Morgan Stanley analysts have removed Salesforce from it "Best Ideas" list and said that a acquisition is "a relatively low probability event." The report found that thanks to its recent growth and acquisitions, Salesforce is is well-positioned to "reap the yields on those investments." However, the report suggests that Salesforce's growth prospects give the company an expensive valuation.
