Stifel Nicholas is out with a bullish note on Salesforce.com (CRM), believing its checks suggest...

|By:, SA News Editor

Stifel Nicholas is out with a bullish note on Salesforce.com (CRM), believing its checks suggest enterprises are "interested in deploying multiple Salesforce.com solutions on a large scale." The firm also thinks Salesforce's cloud business software offerings could benefit from an economic downturn, given their lower costs.