Morgan Stanley Sees Long-Term Opportunity, Near-Term Transition Risk for Bazaarvoice
In a report published Wednesday, Morgan Stanley analyst Jennifer Swanson Lowe reiterated an Equal-Weight rating on Bazaarvoice (NASDAQ: BV).
In the report, Morgan Stanley noted, “Q3 results showed some signs of improved execution as customer signings, dollar retention rates and Media improved. However low-end attrition continues to weigh on net adds and distractions from PowerReview litigation remain an overhang. We like the long-term opportunity, but near-term transition risk keeps us EW the stock.”
Bazaarvoice closed on Tuesday at $6.79.
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