UPDATE: Analyst Becomes Cautious on InvenSense (INVN) Following Tech Issue (AAPL)

Needham & Company Upgrades InvenSense (INVN) to Strong Buy; Look Past Fearmongers

Needham & Company upgraded InvenSense (NYSE: INVN) from Buy to Strong Buy while maintaining a $28.00 price target.

Analyst Vernon Essi, Jr. commented, "We strongly believe investors should look past the unpredictable nature of short-term fearmongers and remain focused on the long-term strategic... More

InvenSense (INVN) Sell-Off on Apple Concerns Overdone - Ascendiant Capital

Ascendiant Capital analyst Cody Acree is the latest out to defend InvenSense (NYSE: INVN) amid worries about the company's participation in the iPhone 6 and 6 Plus.

Acree notes shares came under pressure after a tear down suggested that the 6-axis accelerometer/gyro combo could have been lost. "We believe this speculation is significantly overdone and would recommend investors take advantage of the current share weakness as an opportunity to either initiate or add to positions," he said.

The analyst said the initial concerns appeared to stem from Apples decision to add... More

InvenSense (INVN) Launches Next-Gen, 6-Axis Motion Sensor; Surpasses 400M Unit Shipment Milestone

InvenSense (NYSE: INVN) announced that its recently launched, third-generation 6-axis motion sensing solution is shipping into flagship customer platforms worldwide, and that its 6-axis product line, first in the industry and shipping since 2010, has now surpassed the milestone of having shipped over four hundred million units into smartphones, tablets, gaming consoles and controllers, smartTVs, and a myriad of wearables and health and fitness devices.

We are very pleased to announce this milestone, as it speaks to broad acceptance of our highly-integrated products in a competitive... More