Opera Mediaworks and Immersion Launch Mobile Video Ads With Tactile Effects
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Force Touch Drives Interest in Immersion (IMMR); Cowen Raises Price Target to $18
October 30, 2015 8:12 AM EDTCowen reiterated an Outperform rating on Immersion (NASDAQ: IMMR), and raised the price target to $18.00 (from $15.00), following the company's 3Q earnings results. EPS was reported at 8c, compared to the Street's flat consensus. Revenue was reported relatively in-line with consensus.
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