Wedbush Morgan Reiterates a 'Buy' on Macrovision Solutions (MVSN)
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Wedbush Morgan reiterates a 'Buy' on Macrovision Solutions (Nasdaq: MVSN). Price target $15.
Wedbush analyst says, "Macrovision rescinds decision to sell its TV Guide Network to Allen Shapiro and One Equity Partners in favor of Lionsgate’s stronger offer. We believe Macrovision’s shares should continue to gain momentum, as headwinds should subside for the next few quarters. Guidance for 4Q08 and 2009 remain unchanged, which indicates that company should at least meet 4Q08 expectations."
Macrovision Solutions Corporation, formerly, Macrovision Corporation provides a set of solutions that enable businesses to protect, enhance and distribute their digital goods to consumers across multiple channels.
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