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Fly News Breaks for May 11, 2018
TIVO
May 11, 2018 | 05:38 EDT
JPMorgan analyst Sterling Auty says that while TiVo reported better than expected revenue and EBITDA in Q1, ASC 606 adoption and other items created a number of moving parts. The company's continuing strategic review process will be positively received by investors and provides a near-term catalyst, Auty tells investors in a post-earnings research note. He keeps an Overweight rating on TiVo with a $30 price target.
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