TiVo (TIVO) Misses Q3 EPS by 1c

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TiVo (TIVO) PT Lifted to $18 at Jefferies; Sees Meaningful Share Count Reduction

November 26, 2014 8:46 AM EST

Jefferies' US Internet Team reiterated a Buy rating and boosted their price target on TiVo (NASDAQ: TIVO) to $18.00 (from $16.00) following Q3 results, saying they see significant potential for meaningful share count reduction by Fiscal '17.

The firm commented, "Healthy sub growth... More