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Investment analysts at Janney Montgomery Scott raised their target price on shares of TiVo (NASDAQ:TIVO) from $13.50 to $14.00 in a note issued to investors on Friday. The firm currently has a “fair value” rating on the stock. Janney Montgomery Scott’s target price points to a potential upside of 17.35% from the company’s current price.

Shares of TiVo (NASDAQ:TIVO) opened at 11.93 on Friday. TiVo has a 1-year low of $10.47 and a 1-year high of $14.25. The stock has a 50-day moving average of $11.99 and a 200-day moving average of $12.67. The company has a market cap of $1.440 billion and a P/E ratio of 5.89.

TiVo (NASDAQ:TIVO) last announced its earnings results on Thursday, May 22nd. The company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.01. The company had revenue of $107.06 million for the quarter, compared to the consensus estimate of $86.80 million. During the same quarter in the previous year, the company posted ($0.09) earnings per share. The company’s revenue for the quarter was up 39.2% on a year-over-year basis. Analysts expect that TiVo will post $0.31 EPS for the current fiscal year.

Other equities research analysts have also recently issued reports about the stock. Analysts at Zacks downgraded shares of TiVo from a “neutral” rating to an “underperform” rating in a research note on Tuesday. They now have a $11.00 price target on the stock. Separately, analysts at JPMorgan Chase & Co. downgraded shares of TiVo from an “overweight” rating to a “neutral” rating in a research note on Wednesday, March 5th. They now have a $14.00 price target on the stock. Finally, analysts at Topeka Capital Markets initiated coverage on shares of TiVo in a research note on Tuesday, March 4th. They set a “buy” rating on the stock. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and eleven have given a buy rating to the stock. TiVo has an average rating of “Hold” and a consensus target price of $20.77.

In other TiVo news, EVP Jeffrey Klugman sold 4,000 shares of the stock in a transaction dated Monday, May 19th. The shares were sold at an average price of $11.98, for a total transaction of $47,920.00. Following the sale, the executive vice president now directly owns 178,259 shares of the company’s stock, valued at approximately $2,135,543. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

TiVo Inc (NASDAQ:TIVO), a developer and provider of software and technology that enables the search, navigation, and access of content across sources, including linear television, on-demand television, and broadband video.

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