Rovi and AT&T Agree to Seven-Year Renewal and Expansion of License Agreement
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/22/2026
- Nasdaq reaches record high close, AI stocks rally
- Meta AI agent triggers heavy selloff in banks, insurers, and travel stocks
- Exclusive: SB Energy Nasdaq IPO moving forward as planned
- AI and earnings keep driving markets as focus shifts to Trump-Xi summit
- Meta bull case increasingly playing out, Mizuho says
- Pennsylvania measles cases near 800 as outbreak grows
- A timeline of Trump administration moves to weaken endangered species protections
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- SpaceX and Tesla’s AI linkup is getting deeper. Here’s what Morgan Stanley sees
Rovi Corp. (ROVI) Pushes to Highs
December 24, 2015 12:36 PM ESTRovi Corp. (NASDAQ: ROVI) pushes near the highs of the session after this morning's upgrade, which follows yesterday's 29% move on the extension of the AT&T contract. Analysts say that Comcast and Echostar are likely to follow suit. Shares last traded up 7.8% to $15.80.
... MoreCowen Upgrades Rovi Corp. (ROVI) to Outperform
December 24, 2015 8:31 AM ESTCowen upgraded Rovi Corp. (NASDAQ: ROVI) from Market Perform to Outperform with a price target of $25.00 (from $11.00).
Analyst Robert Stone commented, "We believe the seven-year IP license with AT&T (announced 12/23) greatly reduces uncertainty about remaining renewals. The inflation-adjusted annual fee... More
Piper Jaffray Reiterates Overweight on Rovi Corp. (ROVI) Following AT&T/DTV License Agreement
December 24, 2015 7:07 AM ESTPiper Jaffray reiterated an Overweight rating and $26.00 price target on Rovi Corp. (NASDAQ: ROVI) following the company's announced seven-year patent license agreement with AT&T/DTV. The license agreement builds upon the already existing agreement between the companies. Piper Jaffray said that Rovi's announcement this morning is a significant win ahead of deals... More
