Inovalon (INOV), a provider of Big Data services to health care payers, jumped 5% in early trading Friday on positive analyst coverage, continuing a rebound from a sharp slide. Goldman Sachs analyst Andre Benjamin upgraded Inovalon to buy from neutral with a price target of 31, saying that the valuation has become appealing. “The large addressable market should sustain strong growth for many years — $435 million in 2015E revenue implies 4%
Will Apple’s (AAPL) premium pricing strategy carry over into an Internet TV service? Will Apple compete on price vs. other emerging over-the-top (OTT) services, or will consumers pay more for Apple TV, ostensibly for a better “user experience”? Those are questions analysts are asking ahead of Apple’s expected launch of a subscription Internet TV service. An announcement could come in early June, at Apple’s Worldwide Developer Conference, some
Netflix (NFLX) is reportedly in talks to enter China and is looking at a possible partnership with a media company partially owned by Alibaba (BABA) founder Jack Ma. The streaming video service provider has had discussions with Wasu Media and other Chinese companies about forming a partnership, as Netflix looks to go global by the end of next year, according to reports in Bloomberg and the Wall Street Journal. Ma has a 20% stake in Wasu Media, and