Brean Murray Carret & Co. Reiterates a 'Buy' on TiVo (TIVO); Push From Virgin Media (VMED)
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Price: $6.09 --0%
Rating Summary:
10 Buy, 11 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
10 Buy, 11 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Brean Murray Carret & Co. reiterates a 'Buy' on TiVo (NASDAQ: TIVO) price target of $14.00.
Analyst, Todd Mitchell, said, "We have seen positive indications in Virgin’s (Nasdaq: VMED) continued aggressive push for TiVo, the recent successful launch of Comcast’s (Nasdaq: CMCSA)(Buy) support for TiVo’s retail DVR, and expansion of legal claims to include Time Warner Cable (NYSE: TWC)(Hold). On the other hand, Charter (Nasdaq: CHTR) appears to be on a less-aggressive rollout schedule, TiVo is overdue to announce another distribution deal, and after a flurry of speculation following Cisco’s (Nasdaq: CSCO) purchase of NDS (private), it is not obvious that TiVo is considered strategic by anyone with the capacity to pay a premium."
For an analyst ratings summary and ratings history on TiVo click here. For more ratings news on TiVo click here.
Shares of TiVo closed at $10.84 yesterday.
Analyst, Todd Mitchell, said, "We have seen positive indications in Virgin’s (Nasdaq: VMED) continued aggressive push for TiVo, the recent successful launch of Comcast’s (Nasdaq: CMCSA)(Buy) support for TiVo’s retail DVR, and expansion of legal claims to include Time Warner Cable (NYSE: TWC)(Hold). On the other hand, Charter (Nasdaq: CHTR) appears to be on a less-aggressive rollout schedule, TiVo is overdue to announce another distribution deal, and after a flurry of speculation following Cisco’s (Nasdaq: CSCO) purchase of NDS (private), it is not obvious that TiVo is considered strategic by anyone with the capacity to pay a premium."
For an analyst ratings summary and ratings history on TiVo click here. For more ratings news on TiVo click here.
Shares of TiVo closed at $10.84 yesterday.
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