Wedbush Morgan Reiterates a 'Buy' on Macrovision (MVSN); Raising Estimates and Target
MVSN Hot Sheet
Rating Summary:0 Buy, 0 Hold, 0 Sell
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Today's Overall Ratings:
Up: 14 | Down: 7 | New: 22
Wedbush Morgan reiterates a 'Buy' on Macrovision (Nasdaq: MVSN). Price target $26.
Wedbush analyst says, "We expect momentum in the Service Provider vertical to remain strong through FY09. Expecting adoption of digital media to propel the growth of Macrovision's Consumer Electronics vertical...Metadata and Blu-ray represent rapidly growing, long-term growth opportunities. Improving margin structure and lower debt levels should boost profitability. We are raising our FY09 and FY10 estimates."
Macrovision Solutions Corporation provides a set of solutions that enable businesses to protect, enable and distribute their digital goods to consumers and allows consumers the ability to discover and manage digital media across multiple channels.
Wedbush analyst says, "We expect momentum in the Service Provider vertical to remain strong through FY09. Expecting adoption of digital media to propel the growth of Macrovision's Consumer Electronics vertical...Metadata and Blu-ray represent rapidly growing, long-term growth opportunities. Improving margin structure and lower debt levels should boost profitability. We are raising our FY09 and FY10 estimates."
Macrovision Solutions Corporation provides a set of solutions that enable businesses to protect, enable and distribute their digital goods to consumers and allows consumers the ability to discover and manage digital media across multiple channels.
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