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Canaccord Genuity Says InvenSense (INVN) Should See Growth Over Next Several Years - Reiterates Buy
January 28, 2016 9:20 AM ESTCanaccord Genuity maintained a Buy rating on InvenSense (NYSE: INVN), and cut the price target to $10.00 (from $14.00), following the company's 3Q earnings report. InvenSense reported solid growth with sales of $120.0M, despite a ~44% Y/Y decline in sales to Samsung. Canaccord believes InvenSense should drive solid growth over the next several years due to strong sales to top customer Apple and new sensor... More
Barrington Research Downgrades InvenSense (INVN) to Market Perform
January 28, 2016 9:19 AM ESTBarrington Research downgraded InvenSense (NYSE: INVN) from Outperform to Market Perform.
For an analyst ratings summary and ratings history on InvenSense click here. For more ratings news on InvenSense click here.
Shares of InvenSense closed at $7.82 yesterday.
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