TiVo price target raised to $15 from $14 at Brean Capital

theflyonthewall.com

Brean Capital has raised its price target on TiVo (TIVO) and said it is trading at a discount to fair value. The firm is citing increased business momentum and believes settlements with Motorola and Cisco (CSCO) have set a strong legal precedent for its patent infringement claims. Shares are Buy rated.

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