iRobot Corp. (IRBT) Tops Q2 EPS by 2c

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Needham & Company Lifts PT on iRobot (IRBT) to $39 after Solid Q2 Earnings

July 25, 2013 11:47 AM EDT

Needham & Company analyst James Ricchiuti reiterated Buy rating and raised his price target on iRobot Corporation (NASDAQ: IRBT) from $32 to $39 following Q2 results.

Ricchiuti comments, "Investors took profits in IRBT shares yesterday in the wake of the recent strong run-up after the company... More