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[stock_peeker]

09:28 AVG (posted to attn: KiK)
AVG Tech initiated with a Buy at BWS Financial; tgt $30 (12.19)
BWS Financial initiates AVG with a Buy and price target of $30. AVG has leveraged its base of users to generate revenue from a licensing based model where users pay an annual license to remain up to date with security protection for their PC. Changes in Google's (GOOG) search requirements has raised some concerns for AVG, which BWS believes are over done (probably why it was down earlier this week). The search toolbar is a secondary product for AVG and not the source of what has given the Company 146 million users.