Analyst Rating Update on inContact (SAAS)

inContact (SAAS) : 4 analysts are covering inContact (SAAS) and their average rating on the stock is 2.5, which is read as a Buy. 1 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 3 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

inContact (SAAS) : The most positive equity analysts on inContact (SAAS) expects the shares to touch $14, whereas, the least positive believes that the stock will trade at $12 in the short term. The company is covered by 4 Wall Street Brokerage Firms. The average price target for shares are $13.5 with an expected fluctuation of $1 from the mean.

For the current week, the company shares have a recommendation consensus of Buy.


inContact (NASDAQ:SAAS): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $13.84 and $13.82 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $13.86. The buying momentum continued till the end and the stock did not give up its gains. It closed at $13.86, notching a gain of 0.14% for the day. The total traded volume was 1,168,435 . The stock had closed at $13.84 on the previous day.

inContact, Inc. (inContact) is a provider of cloud contact center software solutions. The Company provides a range of cloud contact center call routing, self-service and agent optimization solutions. The Company operates through two segments: Software and Network connectivity. inContacts Software segment includes services related to the delivery of its cloud contact center software solutions. The Companys Network connectivity segment provides voice and data long distance services. The Company offers its products and services to customers in five vertical markets: business process outsourcers (BPOs), retail and direct response, healthcare providers, utilities, and state and local Government. The Company has facilities in the United States, Europe, the Philippines and Hong Kong. The Companys registered trademarks in the United States and elsewhere include inContact, inTouch, ECHO, inCloud, Satisfaction as a Service and Personal Connection.

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