UPDATE: Canaccord Upgrades Coinstar to Buy on Market Share Gains

Canaccord raises its rating on Coinstar CSTR from Hold to Buy and raises its price target from $70 to $71. Canaccord notes, "We are upgrading our rating… based on modest upward revisions to our estimates reflecting continued marketshare gains in physical DVD, improved Coin comps and better clarity on opportunities within CSTR's New Venture businesses. …We have updated our estimates to better reflect the new business ventures within Coffee, Gizmo and ecoATM. Combined, these ventures could become material exiting 2103. " CSTR closed at $60.87 on Wednesday.