Topeka Trims PT on InvenSense (INVN), Reiterates Buy
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Go back to Topeka Trims PT on InvenSense (INVN), Reiterates Buy
May 2, 2014 8:54 AM EDT
Goldman Sachs maintained a Buy rating on InvenSense (NYSE: INVN) with a modified price target of $20.00 (from $22.00). Q4 results triggered a large decline in the stock.
Analyst Mark Delaney said, "We maintain Buy as we believe the fact that InvenSense built inventory... More
May 2, 2014 6:45 AM EDT
Needham & Company upgraded InvenSense (NYSE: INVN) from Hold to Buy with a price target of $22 saying weakness is an opportunity to buy shares on the cheap.
Analyst Vernon Essi, Jr. comments, "INVN's revenue guidance shortfall along with a material build in inventory seems to... More
May 1, 2014 5:06 PM EDT
Invensense, Inc. (NYSE: INVN) reported Q4 EPS of $0.07, $0.03 worse than the analyst estimate of $0.10. Revenue for the quarter came in at $59 million versus the consensus estimate of $57.42 million.
For earnings history and earnings-related data on Invensense, Inc. (INVN) click here.
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