Cotiviti Holdings Inc. (COTV) Coverage Initiated at First Analysis
Stock analysts at First Analysis began coverage on shares of Cotiviti Holdings Inc. (NYSE:COTV) in a report released on Tuesday, StockTargetPrices.com reports. The firm set an “overweight” rating and a $42.00 price target on the stock. First Analysis’ price objective points to a potential upside of 25.52% from the stock’s previous close.
Several other equities analysts have also issued reports on the company. William Blair reaffirmed an “outperform” rating on shares of Cotiviti Holdings in a report on Monday, June 20th. Barclays PLC raised their price objective on Cotiviti Holdings from $22.00 to $31.00 and gave the stock an “overweight” rating in a report on Thursday, August 11th. Finally, Citigroup Inc. raised their price objective on Cotiviti Holdings from $21.00 to $29.00 and gave the stock a “neutral” rating in a report on Thursday, August 11th.
Shares of Cotiviti Holdings (NYSE:COTV) opened at 33.46 on Tuesday. The stock has a market capitalization of $3.02 billion and a price-to-earnings ratio of 125.79. Cotiviti Holdings has a 1-year low of $17.00 and a 1-year high of $35.54. The firm’s 50-day moving average price is $32.11 and its 200 day moving average price is $26.03.
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Cotiviti Holdings Company Profile
Cotiviti Holdings, Inc is a provider of analytics-driven payment accuracy solutions. The Company is focused primarily on the healthcare sector. The Company’s integrated solutions help clients manage payment accuracy in healthcare environment. The Company operates in two segments: Healthcare, and Global Retail and Other.
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