Piper Jaffray Downgrades InvenSense (INVN) to Neutral
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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
October 29, 2014 7:39 AM EDT
Northland Capital Markets downgraded InvenSense (NYSE: INVN) from Outperform to Market Perform with a price target of $17.50 (from $30.00).
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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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.
...
More
October 28, 2014 4:27 PM EDT
InvenSense (NYSE: INVN) reported Q2 EPS of $0.05, $0.11 worse than the analyst estimate of $0.16. Revenue for the quarter came in at $90.2 million versus the consensus estimate of $90.48 million.
Management Qualitative Comments
This is an exciting time for our company, said Behrooz Abdi,... More
