TiVo Corporation Gets a Buy Rating from Piper Jaffray

By Jason Carr

Piper Jaffray analyst Michael Olson reiterated a Buy rating on TiVo Corporation (NASDAQ: TIVO) today and set a price target of $25. The company’s shares opened today at $17.95.

According to TipRanks.com, Olson is a top 100 analyst with an average return of 16.9% and a 65.9% success rate. Olson covers the Services sector, focusing on stocks such as Global Payments Inc, BJ’s Restaurants, and Pandora Media.

TiVo Corporation has an analyst consensus of Strong Buy, with a price target consensus of $26.

The company has a one year high of $23.40 and a one year low of $15.06. Currently, TiVo Corporation has an average volume of 733.6K.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

TiVo Corp. provides entertainment technology, software, and services. It operates through the Intellectual Property Licensing and Product segments. The Intellectual Property Licensing segment consists International Patent Group patent licensing to third party guide developers such as multi-channel video service providers, consumer electronics and set-top box manufacturers and interactive television software and program guide providers in the online, over-the-top video, and mobile phone businesses. The Product segment covers licensing of company-developed IPG products and services provided for multi-channel video service providers and CE manufacturers, in-guide advertising revenue, analytics revenue and revenue from licensing Metadata. The company was founded on April 28, 2016 and is headquartered in San Carlos, CA.