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Fly News Breaks for March 29, 2019
DLB
Mar 29, 2019 | 16:28 EDT
Tigress Financial analyst Ivan Feinseth is keeping his Buy rating on Dolby, saying the rise in demand for entertainment experiences is driving greater licensing revenue. The analyst says the company's business performance is accelerating amid the "ongoing adoption of its leading product line by major movie production companies and cinema operators. Feinseth further cites the growth in mobile adoption of Dolby Atmos and Dolby Vision by consumer electronics manufacturers, which is trending to generate another year of growth.
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