Zacks Investment Research upgraded shares of Rainmaker Systems Inc. (RMKR) from NEUTRAL to OUTPERFORM on August 03, 2012, with a target price of $2.00.
Rainmaker Systems, provides business-to-business (B2B) e-Commerce solutions. The Company's solutions, which are offered on a global basis, drive online sales and renewal for products, subscriptions and training for large companies in the computer hardware, software and information services industries. Rainmaker's three primary solutions (Transact, Renew and Educate) are designed to deliver maximum revenue in its client's mid-market. The transformation of the business model from telesales to e-Commerce should drive margin expansion and growth. We see value in the shares.
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