Barrington Believes Blucora (NASDAQ: BCOR) Won’t Stop Here

In a report released today, Alexander Paris from Barrington reiterated a Buy rating on Blucora (BCORResearch Report), with a price target of $21.00. The company’s shares closed last Wednesday at $18.30, close to its 52-week high of $18.68.

According to TipRanks.com, Paris is a 5-star analyst with an average return of 16.8% and a 52.5% success rate. Paris covers the Services sector, focusing on stocks such as Universal Technical Institute, American Public Education, and Adtalem Global Education.

Currently, the analyst consensus on Blucora is a Moderate Buy with an average price target of $22.50, implying a 21.7% upside from current levels. In a report released today, J.P. Morgan also maintained a Buy rating on the stock with a $24.00 price target.

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The company has a one-year high of $18.68 and a one-year low of $8.37. Currently, Blucora has an average volume of 333.8K.

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Blucora, Inc. engages in the provision of technology-enabled financial solutions to consumers, small businesses, and tax professionals. It operates through the Wealth Management and Tax Preparation segments. The Wealth Management segment distributes products and services through financial advisors who affiliate with HD Vest’s subsidiaries as independent contractors. The Tax Preparation segment offers digital do-it-yourself tax preparation solutions. The company brands include TaxAct and HD Vest. Blucora was founded in March 1996 and is headquartered in Irving, TX.