Cotiviti Holdings Receives a Buy from Barclays

By Carrie Williams

Barclays analyst Eric Percher reiterated a Buy rating on Cotiviti Holdings (NYSE: COTV) today and set a price target of $40. The company’s shares opened today at $36.47.

According to TipRanks.com, Percher is a 1-star analyst with an average return of -0.1% and a 46.4% success rate. Percher covers the Services sector, focusing on stocks such as Walgreens Boots Alliance, The Advisory Board, and AmerisourceBergen.

Cotiviti Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $35.

The company has a one year high of $41.38 and a one year low of $17. Currently, Cotiviti Holdings has an average volume of 366.1K.

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Cotiviti Holdings, Inc. engages in the provision of analytics-driven payment accuracy solutions. It prospective claims accuracy solutions, retrospective claims accuracy solutions, clinical chart validation solution, and optimization analytics. The company was founded in June 4, 2012 and is headquartered in Atlanta, GA.