Scalper1 News
Entertainment middleman Rovi (ROVI) got a price target hike Tuesday after the maker of digital TV program guides on Monday announced an agreement to acquire Veveo, a firm that develops search and personalization technology, for as much as $69 million. Cowen & Co. on Tuesday raised its price target on Rovi stock to 25 from 20, but maintained its market perform rating. Rovi stock was up more than 1% in early afternoon trading in the stock market Scalper1 News
Scalper1 News