SeaChange price target raised to $14 from $12 at Roth Capital Roth Capital increased its target on SeaChange after the company reported stronger than expected results and raised its FY13 guidance. The firm thinks the company's momentum is increasing and it reiterates a Buy rating.
SeaChange appoints Jay Samit as CEO SeaChange announced that the board has unanimously appointed Jay Samit as CEO effective immediately. Samit will also become a member of the Board. Samit succeeds SeaChange's current CEO Raghu Rau. Samit was most recently president at ooVoo.