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Fly News Breaks for June 2, 2015
SEAC
Jun 2, 2015 | 07:13 EDT
Brean Capital said they still see the potential for material upside from SeaChange as new products fill the void of its negative legacy. The firm feels guidance is conservative, that new products will point to upside and that its transition to TV Everywhere will provide a more predictable revenue stream. Brean Capital reiterated its Buy rating and $11 price target on SeaChange shares.