InvenSense (INVN) Designed into New Apple iPhone - Analyst
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Price: $19.49 -0.15%
Rating Summary:
7 Buy, 12 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Rating Summary:
7 Buy, 12 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
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Shares of InvenSense (NYSE: INVN) moved higher on Friday. The move relates to reports that its 3-axis gyros have been designed into Apple's (Nasdaq: AAPL) next iPhone. Pacific Crest analyst John Vinh noted that InvenSense currently has no exposure to Apple and he thinks an iPhone socket win could add 40 cents to EPS. An iPad win would add 20 cents to EPS.
Pacific Crest has an Outperform rating on InvenSense with a price target of $15.00
For an analyst ratings summary and ratings history on InvenSense (NYSE: INVN) click here. For more ratings news on InvenSense click here.
Shares of InvenSense closed at $14.56 yesterday.
Pacific Crest has an Outperform rating on InvenSense with a price target of $15.00
For an analyst ratings summary and ratings history on InvenSense (NYSE: INVN) click here. For more ratings news on InvenSense click here.
Shares of InvenSense closed at $14.56 yesterday.
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