UPDATE: Brean Capital Reiterates on Rovi on Multiple Paths to Higher Per-Share Valuation

In a report published Monday, Brean Capital analyst Todd Mitchell reiterated a Buy rating on Rovi (NASDAQ: ROVI ), and raised the price target from $22.00 to $27.00. In the report, Brean Capital noted, “Rovi has done its final reset, and we believe its earning power is not fully reflected