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Fly News Breaks for May 13, 2016
TIVO, ROVI
May 13, 2016 | 05:42 EDT
B. Riley analyst Eric Wold added Rovi (ROVI) to his firm's Focus List saying a near-term resolution with DISH/EchoStar should "provide a boost" to 2016 guidance. This catalyst combined with the accretive acquisition of TiVo could drive shares meaningfully higher in the coming months, Wold tells investors in a research note. He has a Buy rating on Rovi with a $29 price target.
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