Ultimate Software (ULTI +3.5%) and Saba Software (SABA +2.3%), both the subjects of occasional...

|About: Saba Software, Inc. (SABA)|By:, SA News Editor

Ultimate Software (ULTI +3.5%) and Saba Software (SABA +2.3%), both the subjects of occasional M&A speculation, are moving higher following cloud HR peer Workday's memorable IPO. Ultimate is also benefiting from ThinkEquity's decision to start coverage with a Buy and $116 target.