Zacks Investment Research upgraded shares of Bazaarvoice (NASDAQ:BV) from a sell rating to a hold rating in a report issued on Wednesday morning.
According to Zacks, “BrightView Holdings, Inc. is a provider of commercial landscaping services primarily in the United States. It provides services from landscape maintenance and enhancements to tree care and landscape development for corporate and commercial properties, HOAs, public parks, hotels and resorts, hospitals and other healthcare facilities, educational institutions, restaurants and retail and golf courses. BrightView Holdings, Inc. is based in PA, United States. “
Several other research analysts also recently commented on BV. Royal Bank of Canada cut their target price on Bazaarvoice to $18.00 and set an outperform rating for the company in a research note on Thursday, November 29th. Robert W. Baird dropped their price target on Bazaarvoice from $22.00 to $18.00 and set an outperform rating for the company in a research report on Monday, October 15th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and nine have assigned a buy rating to the stock. The company presently has a consensus rating of Buy and an average price target of $23.50.
Shares of Bazaarvoice stock traded down $0.19 on Wednesday, hitting $11.34. The stock had a trading volume of 2,484 shares, compared to its average volume of 560,230. Bazaarvoice has a twelve month low of $11.08 and a twelve month high of $23.42.
Bazaarvoice (NASDAQ:BV) last announced its earnings results on Tuesday, November 27th. The technology company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.02. The business had revenue of $581.80 million for the quarter, compared to analysts’ expectations of $584.62 million.
Institutional investors have recently made changes to their positions in the business. TIAA CREF Investment Management LLC purchased a new stake in Bazaarvoice in the 3rd quarter worth approximately $803,000. Teachers Advisors LLC acquired a new position in Bazaarvoice in the 3rd quarter worth $708,000. MetLife Investment Advisors LLC bought a new stake in shares of Bazaarvoice in the 3rd quarter worth about $434,000. Putnam Investments LLC increased its position in shares of Bazaarvoice by 263.0% in the 3rd quarter. Putnam Investments LLC now owns 470,502 shares of the technology company’s stock worth $7,552,000 after purchasing an additional 340,900 shares during the last quarter. Finally, Pentwater Capital Management LP increased its position in shares of Bazaarvoice by 3.3% in the 3rd quarter. Pentwater Capital Management LP now owns 155,000 shares of the technology company’s stock worth $2,488,000 after purchasing an additional 5,000 shares during the last quarter. 78.35% of the stock is currently owned by institutional investors and hedge funds.
Bazaarvoice Company Profile
Bazaarvoice, Inc offers solutions and services that allow its retailer and brand clients to understand that consumer voice and the role it plays in influencing purchasing decisions, both online and offline. The Company’s solutions collect, curate and display consumer-generated content, including ratings and reviews, questions and answers, customer stories, and social posts, photos and videos.
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