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Blucora (NASDAQ:BCOR) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a note issued to investors on Wednesday. The firm currently has a $19.40 price target on the stock. Zacks‘s target price indicates a potential upside of 2.32% from the company’s current price.

Blucora (NASDAQ:BCOR) traded down 1.05% during mid-day trading on Wednesday, hitting $18.76. 345,189 shares of the company’s stock traded hands. Blucora has a 52-week low of $16.65 and a 52-week high of $30.12. The stock’s 50-day moving average is $18.96 and its 200-day moving average is $21.59. The company has a market cap of $792.7 million and a P/E ratio of 31.08.

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 $2.11 EPS for the current fiscal year.

BCOR has been the subject of a number of other recent research reports. Analysts at Jefferies Group cut their price target on shares of Blucora from $25.00 to $22.00 in a research note on Friday, May 2nd. Separately, analysts at Benchmark Co. reiterated a “buy” rating on shares of Blucora in a research note on Friday, May 2nd. They now have a $29.00 price target on the stock. Finally, analysts at Craig Hallum downgraded shares of Blucora from a “buy” rating to a “hold” rating in a research note on Friday, May 2nd. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $27.08.

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

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