Lake Street Upgrades Brightcove to Buy, Raises Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
Lake Street analyst Eric Martinuzzi has upgraded Brightcove (NASDAQ:BCOV) from Hold to Buy and raised the price target from $4.5 to $5.
July 31, 2023 | 4:49 pm
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Brightcove's stock has been upgraded from Hold to Buy by Lake Street analyst Eric Martinuzzi, with a raised price target from $4.5 to $5.
The upgrade from Hold to Buy indicates a positive outlook for Brightcove's stock. The raised price target from $4.5 to $5 suggests that the analyst believes the stock has potential for growth in the short term. This could lead to increased investor interest and potentially a rise in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100