Business

Mass. Movers

SeaChange said to be changing for better

Acton-based SeaChange calls itself “a leading multi-screen video software innovator.”
Peter Macdiarmid/Getty Images
Acton-based SeaChange calls itself “a leading multi-screen video software innovator.”
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Dougherty & Co. has initiated coverage of SeaChange International with a “buy’ rating and a $14 price target, reports StreetInsider.com. SeaChange, the firm said, “is leveraging its historical leadership position in the video-on-demand space through a new generation of software products that enable multi-channel system operators to deliver a variety of leading edge services.” And with new management, SeaChange has cut costs and refocused on the so-called TV Everywhere trend.