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Brightcove (BCOV) in Focus: Stock Jumps 5.9% in Session

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Brightcove Inc. (BCOV - Free Report) was a big mover last session, as the company saw its shares rise nearly 6% on the day. Shares gained after Dougherty & Company upgraded Brightcove to Buy from Neutral. The news led to far more shares changing hands than in a normal session resulting in solid volume. This continues the recent uptrend for the company as the stock is now up 33.7% in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Brightcove currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

A better-ranked stock in the same industry is Shutterstock, Inc. (SSTK - Free Report) , sporting a Zacks Rank #1 (Strong Buy).

Is BCOV going up? Or down? Predict to see what others think: Up or Down

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