Benchmark Reiterates Buy on inContact

Benchmark is out with its report today on inContact

, reiterating Buy after meeting with SAAS management. In a note to clients, Benchmark writes, "Our meetings reinforced our Buy rating, $5 price target and investment thesis on inContact. We believe the Company is highly leveraged to favorable secular trends in the emerging cloud-based call center market driven by increasing enterprise acceptance of cloud-based delivery models, particularly mid-sized contact centers with distributed agents." Shares of SAAS closed Friday at $3.99, up 0.50% from Thursday's close.