inContact (SAAS) Tops Q1 EPS by 5c

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inContact (SAAS) PT Lifted to $13 at Jefferies

May 6, 2016 8:26 AM EDT

Jefferies analyst John DiFucci reiterated a Buy rating and raised his price target on inContact (NASDAQ: SAAS) to $13.00 (from $12.00).

DiFucci commented, "Top and bottom line results exceeded consensus, with AMRR up 30% yoy and Software rev. up 28%. 2016 guidance implies respectable growth, as SAAS approaches... More