Alliance Global raised the firm's price target on LiveOne to $14 from $12 and keeps a Buy rating on the shares. LiveOne over the past three weeks announced partnerships with the three manufacturers with the largest install base of smart TVs in the U.S. including Samsung, Vizio and LG, the analyst tells investors in a research note. The firm says TV owners of these brands can download LiveOne digital radio and podcast content. Alliance believes the incremental revenue has the potential to be much greater than its estimates.
