UPDATE: Credit Suisse Initiates Neutral, $20 PT on Bazaarvoice

Credit Suisse initiates its price target on Bazaarvoice BV with a Neutral rating and a price target of $20 per share on strong fundamentals but limited upside. Credit Suisse notes, "On the Sidelines for Now: While there is much to like about the Bazaarvoice story, its shares have appreciated ~61% since initial pricing, there is limited upside potential to our $20 target price and we would prefer to wait for a better entry point.ƒ Riding the Social Marketing Meta Trend: We view BV as one of the vanguards of a fundamental shift in deployment of ad dollars on the Internet to incorporate user-generated content, word of mouth marketing." BV closed at $19.27 on Tuesday.