Investment analysts at BTIG Research initiated coverage on shares of Bazaarvoice Inc. (NASDAQ:BV) in a report released on Wednesday. The brokerage set a “buy” rating and a $8.00 price target on the stock. BTIG Research’s target price points to a potential upside of 66.67% from the company’s previous close.

Several other research firms also recently issued reports on BV. Zacks Investment Research upgraded Bazaarvoice from a “hold” rating to a “buy” rating and set a $4.75 price objective on the stock in a report on Tuesday, August 2nd. B. Riley reissued a “buy” rating and set a $8.00 target price on shares of Bazaarvoice in a research note on Friday, September 2nd. Finally, TheStreet raised Bazaarvoice from a “sell” rating to a “hold” rating in a research note on Wednesday, September 7th. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $6.61.

Analyst Recommendations for Bazaarvoice (NASDAQ:BV)

Shares of Bazaarvoice (NASDAQ:BV) opened at 4.80 on Wednesday. The stock’s market capitalization is $394.62 million. Bazaarvoice has a 1-year low of $2.82 and a 1-year high of $6.14. The firm has a 50-day moving average price of $5.27 and a 200-day moving average price of $4.37.

A number of hedge funds have recently bought and sold shares of BV. Cornerstone Capital Management Holdings LLC. bought a new stake in Bazaarvoice during the third quarter valued at approximately $469,000. Credit Suisse AG increased its stake in Bazaarvoice by 15.0% in the third quarter. Credit Suisse AG now owns 150,247 shares of the company’s stock valued at $888,000 after buying an additional 19,644 shares in the last quarter. Verition Fund Management LLC bought a new stake in Bazaarvoice during the third quarter valued at approximately $460,000. Connor Clark & Lunn Investment Management Ltd. increased its stake in Bazaarvoice by 16.9% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 101,149 shares of the company’s stock valued at $598,000 after buying an additional 14,600 shares in the last quarter. Finally, Panagora Asset Management Inc. bought a new stake in Bazaarvoice during the third quarter valued at approximately $1,737,000. 77.32% of the stock is owned by hedge funds and other institutional investors.

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.

5 Day Chart for NASDAQ:BV

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