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Deutsche Bank Starts Envivio, Inc. (ENVI) at Buy; Benefiting From Growth of Mobile Video

May 21, 2012 7:23 AM EDT
Get Alerts ENVI Hot Sheet
Price: $8.82 --0%

Rating Summary:
    1 Buy, 3 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 12 | Down: 23 | New: 22
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Deutsche Bank initiates coverage on Envivio, Inc. (NASDAQ: ENVI) with a Buy. PT $12.00.

Deutsche analyst said, "Envivio offers a flexible transcoding solution that can readily adapt to the changing needs of video service providers as the industry transitions to a multi-screen world. Envivio can tap into the growth of tablet and smartphone video consumption, underpinning a strong financial profile and meriting a Buy rating."

For an analyst ratings summary and ratings history on Envivio, Inc. click here. For more ratings news on Envivio, Inc. click here.

Shares of Envivio, Inc. closed at $7.71 yesterday.


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