TiVo (TIVO +3.1%) rallies on an upgrade to Buy from Lazard: the firm thinks TiVo's settlement...

|About: TiVo Inc. (TIVO)|By:, SA News Editor

TiVo (TIVO +3.1%) rallies on an upgrade to Buy from Lazard: the firm thinks TiVo's settlement with Verizon raises the odds of a deal with a Motorola Mobility, which probably would be more lucrative. Also, Jefferies is reiterating a Buy, arguing (like Janney) that the Verizon deal raises the odds of favorable outcomes in TiVo's other legal battles.