Mizuho Cuts PICS (NASDAQ:PICS) Price Target to $23.00

PICS (NASDAQ:PICS) had its price target cut by Mizuho from $30.00 to $23.00 in a research report sent to investors on Friday,Benzinga reports. They currently have an outperform rating on the stock.

Several other brokerages have also recently issued reports on PICS. Zacks Research upgraded PICS to a “hold” rating in a research note on Wednesday, February 25th. Royal Bank Of Canada assumed coverage on shares of PICS in a report on Monday, February 23rd. They issued an “outperform” rating and a $20.00 price target on the stock. Wolfe Research raised shares of PICS to a “strong-buy” rating in a research report on Monday, February 23rd. Wall Street Zen cut shares of PICS from a “buy” rating to a “hold” rating in a research note on Tuesday, February 17th. Finally, Citigroup began coverage on shares of PICS in a research note on Monday, February 23rd. They issued a “buy” rating and a $28.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $24.33.

PICS Stock Down 6.3%

NASDAQ PICS opened at $11.50 on Friday. PICS has a 12-month low of $10.30 and a 12-month high of $19.95.

PICS (NASDAQ:PICS) last released its earnings results on Wednesday, March 18th. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by ($0.07). The company had revenue of $558.09 million during the quarter.