Cotiviti (COTV) is Initiated by First Analysis Sec to Overweight, Price Target at $42

Cotiviti (COTV) was Initiated by First Analysis Sec to “Overweight” and the brokerage firm has set the Price Target at $42. First Analysis Sec advised their investors in a research report released on Oct 11, 2016.

Many Wall Street Analysts have commented on Cotiviti. Company shares were Reiterated by Barclays on Aug 11, 2016 to “Overweight”, Firm has raised the Price Target to $ 31 from a previous price target of $22 .

On the company’s financial health, Cotiviti reported $0.37 EPS for the quarter, beating the analyst consensus estimate by $ 0.07 according to the earnings call on Aug 9, 2016. Analyst had a consensus of $0.30. The company had revenue of $158.30 million for the quarter, compared to analysts expectations of $146.68 million. The company’s revenue was up 18.8% compared to the same quarter last year.


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