Benchmark Reiterates Buy Rating on Saba Software

Benchmark has published a report on Saba Software (NASDAQ: SABA) reiterating their previous analysis.

In the report, Benchmark wrote, " We expect SABA to meet or modestly exceed our $31.4 million revenue forecast and our $0.03 EPS estimate when it reports F4Q11 results this evening after the market close. We expect the quarter to be paced by continuing momentum in the core enterprise learning business plus a solid performance in new SaaS bookings."

Banchmark rated Saba Software a BUY with a price target of $15.00. Saba Software closed Tuesday at $9.43.