- B. Riley upgrades Brightcove (NASDAQ:BCOV) from Neutral to Buy with and increases the target from $7 to $12.
- Analyst Sameet Sinha cites optimism for the new management's reorganization strategy and sees decreasing competitive threats leading to revenue growth and margin expansion.
- Source: StreetAccount.
- Brightcove shares are flat premarket at $7.05.
B. Riley steps off Brightcove sideline
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| Symbol | Last Price | % Chg |
|---|---|---|
| BCOV | - | - |
| Brightcove Inc. | ||