Deutsche Bank Raises DTS PT To $50

Deutsche Bank said that it came away from its Media & Telecom Conference with increased conviction that DTS, Inc. DTSI is expanding its audio enhancement technologies beyond Blu-ray devices into Internet-enabled devices such as TVs. “We think momentum is solid into the holiday season and think the risk-reward is attractive on the stock,” Deutsche Bank writes. “We reiterate our Buy and raise our target to $50.” DTS, Inc. is currently trading at $43.96.