Reported about 11 hours ago
Roth Capital has reaffirmed a 'Buy' rating on LiveOne, Inc. (LVO), reducing the price target to $1.30, indicating a potential upside of 143%. Despite a 13.33% decline in guidance, analyst Sean McGowan expresses confidence in the company's performance, bolstered by a revised stock repurchase program and partnerships that promise significant growth. LiveOne aims to be a comprehensive digital media destination while exploring investment potential in comparison to AI stocks.
Source: YAHOO