Bazaarvoice (NASDAQ:BV) Raised to “Buy” at Zacks Investment Research

Zacks Investment Research upgraded shares of Bazaarvoice (NASDAQ:BV) from a hold rating to a buy rating in a research note released on Tuesday morning, Zacks.com reports. They currently have $20.00 price objective 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. “

BV has been the topic of a number of other research reports. Royal Bank of Canada set a $184.00 target price on Jazz Pharmaceuticals and gave the company a buy rating in a research note on Wednesday, July 3rd. Credit Suisse Group set a $77.00 price target on Monster Beverage and gave the company a buy rating in a report on Friday, May 3rd. One analyst has rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The company presently has a consensus rating of Buy and a consensus price target of $22.30.

BV stock opened at $17.73 on Tuesday. Bazaarvoice has a 1 year low of $9.05 and a 1 year high of $23.42. The company has a 50 day moving average of $18.00.

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

Several institutional investors have recently modified their holdings of the company. BNP Paribas Arbitrage SA raised its stake in shares of Bazaarvoice by 963.5% in the first quarter. BNP Paribas Arbitrage SA now owns 6,519 shares of the technology company’s stock worth $94,000 after acquiring an additional 5,906 shares during the last quarter. Metropolitan Life Insurance Co. NY raised its stake in shares of Bazaarvoice by 182.4% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 7,739 shares of the technology company’s stock worth $79,000 after acquiring an additional 4,999 shares during the last quarter. Metropolitan Life Insurance Co NY raised its stake in shares of Bazaarvoice by 36.2% in the first quarter. Metropolitan Life Insurance Co NY now owns 10,542 shares of the technology company’s stock worth $151,000 after acquiring an additional 2,803 shares during the last quarter. MetLife Investment Advisors LLC raised its stake in shares of Bazaarvoice by 56.1% in the first quarter. MetLife Investment Advisors LLC now owns 13,796 shares of the technology company’s stock worth $199,000 after acquiring an additional 4,960 shares during the last quarter. Finally, We Are One Seven LLC bought a new position in shares of Bazaarvoice in the first quarter worth about $235,000. Institutional investors and hedge funds own 78.35% of the company’s stock.

About Bazaarvoice

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.

Featured Story: What does a neutral rating on stocks mean?

Get a free copy of the Zacks research report on Bazaarvoice (BV)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Analyst Recommendations for Bazaarvoice (NASDAQ:BV)

Receive News & Ratings for Bazaarvoice Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bazaarvoice and related companies with MarketBeat.com's FREE daily email newsletter.