Roth Capital Reiterates Strong Buy on Kintera

Analyst Richard Baldry notes that the tsunami heightened awareness of the online donation software company

Roth Capital reiterates a strong buy on Kintera Inc. (KNTA ).

Analyst Richard Baldry says all major internet portals displayed information and links to relief groups allowing people to donate money via the Web. He notes in a Newsweek article, Kintera CEO Harry Gruber indicated several customers raised over $20 million in online donations in a matter of days.

He says thousands of donors have now experienced ease, simplicity, and effectiveness of online donations, and believes it will likely have a positive impact for online donations market.

Baldry notes clients have experienced no problems scaling up with Kintera's solution. He has an $18 target.