PICS (NASDAQ:PICS) Coverage Initiated by Analysts at Bank of America

Bank of America assumed coverage on shares of PICS (NASDAQ:PICS) in a report released on Tuesday morning, MarketBeat.com reports. The brokerage issued a buy rating and a $27.00 target price on the stock.

A number of other research analysts also recently issued reports on the stock. Wall Street Zen downgraded shares of PICS from a “buy” rating to a “hold” rating in a research report on Tuesday, February 17th. HSBC initiated coverage on shares of PICS in a report on Thursday, February 19th. They issued a “buy” rating and a $21.00 price objective on the stock. Mizuho initiated coverage on shares of PICS in a report on Monday. They set an “outperform” rating and a $30.00 target price for the company. Royal Bank Of Canada initiated coverage on shares of PICS in a research report on Monday. They set an “outperform” rating and a $20.00 target price for the company. Finally, Citigroup initiated coverage on PICS in a research report on Monday. They issued a “buy” rating and a $28.00 price target on the stock. Five equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $25.50.

PICS Price Performance

PICS stock opened at $16.81 on Tuesday. PICS has a twelve month low of $12.80 and a twelve month high of $19.95.