Bazaarvoice (NASDAQ:BV) Upgraded to Buy by Zacks Investment Research

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Zacks Investment Research upgraded shares of Bazaarvoice (NASDAQ:BV) from a hold rating to a buy rating in a research note published on Tuesday morning, Zacks.com reports. The brokerage currently has $20.00 price target on the technology company’s stock.

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. “

Other equities research analysts also recently issued reports about the stock. Royal Bank of Canada set a $184.00 price objective on shares of Jazz Pharmaceuticals and gave the stock a buy rating in a research note on Wednesday, July 3rd. Credit Suisse Group set a $77.00 price objective on shares of Monster Beverage and gave the stock a buy rating in a research note on Friday, May 3rd. One investment analyst has rated the stock with a hold rating and eleven have issued a buy rating to the stock. Bazaarvoice has an average rating of Buy and a consensus price target of $22.30.

Shares of BV opened at $17.73 on Tuesday. The company has a 50-day moving average of $18.00. Bazaarvoice has a fifty-two week low of $9.05 and a fifty-two week high of $23.42.

Bazaarvoice (NASDAQ:BV) last released its quarterly earnings results on Wednesday, May 8th. The technology company reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.06. The business had revenue of $596.60 million for the quarter, compared to the consensus estimate of $597.88 million. The firm’s revenue for the quarter was up 1.1% compared to the same quarter last year.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Metropolitan Life Insurance Co. NY boosted its holdings in shares of Bazaarvoice by 182.4% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 7,739 shares of the technology company’s stock worth $79,000 after buying an additional 4,999 shares during the last quarter. BNP Paribas Arbitrage SA boosted its holdings in shares of Bazaarvoice by 963.5% in the 1st quarter. BNP Paribas Arbitrage SA now owns 6,519 shares of the technology company’s stock worth $94,000 after buying an additional 5,906 shares during the last quarter. Metropolitan Life Insurance Co NY boosted its holdings in shares of Bazaarvoice by 36.2% in the 1st quarter. Metropolitan Life Insurance Co NY now owns 10,542 shares of the technology company’s stock worth $151,000 after buying an additional 2,803 shares during the last quarter. MetLife Investment Advisors LLC boosted its holdings in shares of Bazaarvoice by 56.1% in the 1st quarter. MetLife Investment Advisors LLC now owns 13,796 shares of the technology company’s stock worth $199,000 after buying an additional 4,960 shares during the last quarter. Finally, We Are One Seven LLC purchased a new position in shares of Bazaarvoice in the 1st quarter worth about $235,000. 78.35% of the stock is 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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Analyst Recommendations for Bazaarvoice (NASDAQ:BV)

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