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Fly News Breaks for March 18, 2015
ROVI
Mar 18, 2015 | 06:42 EDT
Piper Jaffray says the recent weakness in shares of Rovi only increased its conviction that the stock can see "material appreciation" over the next year. The firm believes the company's 2015 guidance could prove conservative and that the stock will be driven by the renewal of major contracts. It keeps an Overweight rating on the name with a $29 price target.
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