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Fly News Breaks for February 12, 2016
ROVI
Feb 12, 2016 | 05:52 EDT
Piper Jaffray analyst Michael Olson raised his price target for Rovi to $29 citing the company's "strong" Q4 results and management's confidence in renewals. The analyst points out Rovi's outlook excludes renewals and is thus not comparable with consensus. He maintains an Overweight rating on the shares.
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