Collins Stewart Upgrades DTS Inc. (DTSI) to Hold

May 5, 2010 9:12 AM EDT
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Collins Stewart upgrades DTS Inc. (Nasdaq: DTSI) from Sell to Hold saying a $99 blu-ray player in sight.

The firm commented, "... our supply chain checks indicate significant progress has been made in costing down the bill of materials (BOM) for a standalone Blu-ray player. We believe that these cost reductions will allow tier-1 BD players to achieve $99 ASPs as early as Q3'10 and that Q4'10 holiday pricing could trend meaningfully lower."

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