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Rating: AVID
Buy $8.50

Avid Technology, Inc. (NASDAQ: AVID) rated to Buy with price target $8.50 by Singular Research

Wednesday,  Dec 9, 2015  12:25 PM ET by Betsy O'Brien Harrison

Singular Research rated Avid
Technology, Inc. (NASDAQ: AVID) to Buy with price target $8.50.

Avid Technology, Inc. develops, markets, sells and supports a wide range of software and systems for creating and manipulating digital media content. Digital media are media elements, whether video or audio or graphics, in which the image, sound or picture is recorded and stored asdigital values, as opposed to analog signals. The company's systems are designed to improve the productivity of video and film editors by enabling them to edit moving pictures and sound in a faster, easier, and more cost-effective manner than traditional analog tape-based systems.

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