Roth Capital initiates coverage on eGain Corporation (NASDAQ: EGAN) with a Buy rating and a price target of $8.00.

Analyst Richard Baldry likes the management team's effort to gain traction in SaaS and sees cloud growth accelerating.

For an analyst ratings summary and ratings history on eGain Corporation click here. For more ratings news on eGain Corporation click here.

Shares of eGain Corporation closed at $5.35 yesterday.