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Blucora (NASDAQ:BCOR)‘s stock had its “buy” rating reaffirmed by analysts at Benchmark Co. in a research report issued to clients and investors on Friday, AnalystRatings.Net reports. They currently have a $29.00 price objective on the stock. Benchmark Co.’s target price suggests a potential upside of 49.25% from the company’s current price.

Blucora (NASDAQ:BCOR) traded down 10.50% on Friday, hitting $17.39. 1,761,822 shares of the company’s stock traded hands. Blucora has a 52-week low of $14.66 and a 52-week high of $30.12. The stock has a 50-day moving average of $19.19 and a 200-day moving average of $24.23. The company has a market cap of $733.6 million and a price-to-earnings ratio of 34.70.

Blucora (NASDAQ:BCOR) last released its earnings data on Thursday, May 1st. The company reported $1.12 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.03 by $0.09. The company had revenue of $216.20 million for the quarter, compared to the consensus estimate of $216.98 million. During the same quarter last year, the company posted $0.95 earnings per share. Blucora’s revenue was up 30.8% compared to the same quarter last year. Analysts expect that Blucora will post $2.39 EPS for the current fiscal year.

Separately, analysts at Craig Hallum downgraded shares of Blucora from a “buy” rating to a “hold” rating in a research note on Friday. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $31.28.

Blucora, Inc, formerly InfoSpace, Inc, is a provider of online solutions for consumers and business partners.

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