SeaChange lack of warning could be seen as positive, says BWS Financial BWS Financial believes SeaChange shares should begin to move higher after the company's in-line Q4 report came with no additional warnings and management reasserted that revenue that was delayed in FY14 would be recognized in FY15. BWS maintains a Strong Buy rating and $30 price target on SeaChange.
SeaChange leadership change signals company on track, says Brean Capital Brean Capital said the SeaChange leadership change signals the company is emerging from difficult times. The firm believes the infusion and insertion software is the heart of the company's growth prospects and will drive shareholder value. Brean Capital reiterates its Buy rating and $11 price target on SeaChange shares.
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.