Shares of Salesforce.com are surging this morning on a batch of analyst reports saying the company closed some significant deals toward the end of its quarter.

Earlier today Salesforce’s stock price was up by more than 3 percent, though it has now settled a bit, and is up a more modest 1.3 percent, to $127.24 as of 11:30 AM New York Time.

One analyst, Mark Murphy of Piper Jaffray, in a note to clients today, said that Salesforce closed on deal worth $140 million with a customer in the financial services and insurance industry. Additionally social network giant Facebook has made what’s being described as a “material commitment,”... 

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