Zacks Research Upgrades PICS (NASDAQ:PICS) to “Hold”

PICS (NASDAQ:PICS) was upgraded by equities researchers at Zacks Research to a “hold” rating in a note issued to investors on Wednesday,Zacks.com reports.

Several other equities analysts have also recently issued reports on the stock. Wall Street Zen cut shares of PICS from a “buy” rating to a “hold” rating in a research note on Tuesday, February 17th. HSBC assumed coverage on shares of PICS in a report on Thursday, February 19th. They set a “buy” rating and a $21.00 price objective for the company. Royal Bank Of Canada began coverage on shares of PICS in a report on Monday. They issued an “outperform” rating and a $20.00 target price on the stock. Citigroup began coverage on PICS in a report on Monday. They set a “buy” rating and a $28.00 price target on the stock. Finally, Wells Fargo & Company set a $27.00 price target on PICS in a research note on Tuesday. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $25.50.

PICS Price Performance

Shares of NASDAQ PICS opened at $17.76 on Wednesday. PICS has a fifty-two week low of $12.80 and a fifty-two week high of $19.95.