Investment analysts at First Analysis initiated coverage on shares of Cotiviti Holdings Inc. (NYSE:COTV) in a research note issued to investors on Tuesday, StockTargetPrices.com reports. The firm set an “overweight” rating and a $42.00 price target on the stock. First Analysis’ target price would suggest a potential upside of 23.64% from the company’s current price.
Several other equities research analysts have also recently commented on COTV. Citigroup Inc. lifted their target price on Cotiviti Holdings from $21.00 to $29.00 and gave the company a “neutral” rating in a research note on Thursday, August 11th. Barclays PLC raised their price target on Cotiviti Holdings from $22.00 to $31.00 and gave the stock an “overweight” rating in a research report on Thursday, August 11th. Finally, William Blair restated an “outperform” rating on shares of Cotiviti Holdings in a research report on Monday, June 20th.
Cotiviti Holdings (NYSE:COTV) opened at 33.97 on Tuesday. The firm has a 50-day moving average price of $32.39 and a 200 day moving average price of $26.20. The firm has a market capitalization of $3.06 billion and a price-to-earnings ratio of 127.71. Cotiviti Holdings has a 12 month low of $17.00 and a 12 month high of $35.54.
About Cotiviti Holdings
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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