Notes from iRobot (IRBT) Analyst Day - Needham & Company

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iRobot Corporation (IRBT) Remains Upbeat During Analyst Day; Piper Jaffray Reiterates Overweight

November 11, 2015 8:58 AM UTC

Piper Jaffray reiterated an Overweight rating and $34.00 price target on iRobot Corporation (NASDAQ: IRBT) following the company's analyst day. CEO Colin Angle kicked off the Analyst Day, by highlighting that the company has decided to shift their business focus to the connected home, which includes products and enabling infrastructure. CFO Alison Dean went on to again endorse the companys... More