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Fly News Breaks for July 14, 2016
CRM
Jul 14, 2016 | 07:27 EDT
UBS updated its model for Salesforce and said the company's acquisition of Demandware was likely the best e-commerce Cloud asset for them. The firm said they envision a seamless integration of Salesforce and the e-commerce suite and that the deal will provide a compelling and powerful value proposition to enterprises looking to replatform for the new digital world. UBS reiterated its Buy rating and $100 price target on Salesforce shares.