Form 8-K InvenSense Inc For: Oct 28

Go back to Form 8-K InvenSense Inc For: Oct 28

Goldman Sachs Maintains Neutral Rating on InvenSense (INVN)

October 29, 2014 9:03 AM EDT

Goldman Sachs maintained a Neutral rating on InvenSense (NYSE: INVN) and lowered its price target to $17.00 (from $25.00). The change follows weak Q2 results.

Analyst Mark Delaney said, "We lower our 12-month price target to $17 and are concerned with the weak margins for several... More

Pacific Crest Downgrades InvenSense (INVN) to Sector Perform

October 29, 2014 7:10 AM EDT

Pacific Crest downgraded InvenSense (NYSE: INVN) from Outperform to Sector Perform and removed its price target (prior $28.00).

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 $21.48 yesterday.

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Piper Jaffray Downgrades InvenSense (INVN) to Neutral

October 29, 2014 6:42 AM EDT

Piper Jaffray downgraded InvenSense (NYSE: INVN) from Overweight to Neutral with a price target of $17.00 (from $29.00).

Analyst Ruben Roy comments, "INVN revenue met expectations but gross margin was much lower than expected and materially impacted profitability. The nearly 13 point gross margin miss was attributed... More