Barrington Research Initiates Coverage On RightNow Technologies

Barrington Research is out with a research report on RightNow Technologies RNOW and is initiating coverage with an Outperform rating on shares. It has a $35.50 price target on shares. In a note to clients, Barrington Research writes, "Given its leadership position, pricing upside from social and mobile usage, the contact-center replacement cycle, and an attractive valuation, we are initiating coverage with an OUTPERFORM rating and a $35.50 price target." Shares of RNOW closed at $29.41 yesterday.