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S&P Downgrades Salesforce.com to 'Strong Sell'

Wednesday, 15 Feb 2012 | 12:28 PM ET

Scott Kessler, S&P Capital IQ, discusses his downdgrade of CRM, saying the company faces greater competitive challenges, and trades at nearly a 20% premium to its peers. Despite the downgrade, Salesforce shares are up 30% year-to-date.