Morgan Stanley Sees Bazaarvoice Awaiting DoJ Case Resolution

In a report published Thursday, Morgan Stanley analyst Jennifer Swanson Lowe reiterated an Equal-Weight rating on Bazaarvoice BV. In the report, Morgan Stanley noted, “The pending resolution of the DoJ case is a positive, while we are encouraged by the Q4 beat and improving business momentum. Revenue growth remains low double digits while cash burn continues, but the prospect of reaccelerating growth in FY15 leaves us incrementally more positive on the stock.” Bazaarvoice closed on Wednesday at $6.23.