TiVo Inc in news:
TiVo Inc. (NASDAQ:TIVO) shares of the DVR subscription firm surged more than 30 % on news to get a favorable ruling by U.S in patent infringement case against EchoStar Communications (SATS.O) now known as Dish networks ( NASDAQ:DISH). According to analyst, this ruling will help to get $ 200 million to $300 million awards and may be a source of income through licensing. Its 1 year price target has been raised to $ 13 from $ 3 by S&P analyst Clyde Montevirgen.
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