iRobot Enters the Smart Home with Roomba® 980 Vacuum Cleaning Robot

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Canaccord Genuity Reiterates Buy on iRobot Corporation (IRBT) Following Announced Roomba 980

September 17, 2015 9:20 AM EDT

Canaccord Genuity reiterated a Buy rating and $40.00 price target on iRobot Corporation (NASDAQ: IRBT) following the announcement of the Roomba 980 vacuum robot. Analyst Bobby Burleson expects the 980 to boost demand and increase technology leadership for the company.

Bobby Burleson commented, "We are... More