TiVo displacement concerns likely misplaced, says Brean Capital Brean Capital noted TiVo (TIVO) shares were lower yesterday due to investor concerns it could be displaced following the acquisition of Virgin Media (VMED) by Liberty Global (LBTYA). The firm believes displacement is unlikely and may actually provide the company with a means for enhancing its relationship. Share remain Buy rated with a $15 price target.
UBS to hold a conference 42nd Annual Global Media & Communications Conference is being held in New York on December 8-10 with webcasted company presentations to begin on December 8 at 8 am; not all presentations may be webcasted. Webcast Link