Credit Suisse Sees First Green Signs Of Recovery For Bazaarvoice Inc

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In a report published Thursday, Credit Suisse analyst Stephen Ju reiterated an Outperform rating and $10.00 price target on
Bazaarvoice IncBV
. In the report, Credit Suisse noted, “BV reported 1QFY15 revenue and adj. EBITDA of $45.98m and $(5.28)m respectively. Management offered 2QFY15 guidance for revenue/Adj. EBITDA of $46.5m - $47.0m and $(4.0)m - $(5.0)m. We maintain our Outperform investment rating and our target price remains $10.” Bazaarvoice closed on Wednesday at $7.50.
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Posted In: Analyst ColorReiterationAnalyst RatingsCredit SuisseStephen Ju
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