InvenSense Inc (INVN) rated Buy with price target $15 by Maxim Group
Maxim Group rated Buy InvenSense Inc (NYSE: INVN) on 01/10/2013. Previously Maxim Group rated Buy InvenSense Inc (NYSE: INVN) on 11/13/2012.,
when the stock price was $11.03. Since then, InvenSense Inc has gained 13.60% as of 05/17/2013's recent price of $12.53. If you would have followed the previous Maxim Group's recommendation on INVN, you would have gained 13.59% of your investment in 185 days.
InvenSense, Inc. (InvenSense) is a provider of intelligent motion processing solutions. The Company is engaged in the designing, developing, manufacturing and marketing linear and mixed-signal integrated circuits (IC). It has designed and developed an integrated motion processing solution that enables a motion-based user interface for consumer electronics. Its solutions are comprised of an IC that incorporates motion sensors, such as gyroscopes, with associated software and are differentiated by their small form factor, high level of integration, performance, reliability and cost effectiveness. It targets consumer electronics applications, such as console and portable video gaming devices, handset and tablet devices, digital still and video cameras, digital television and set-top box remote controls, three-dimensional (3D) mice and portable navigation devices. As of March 31, 2010, InvenSense had shipped over 60 million units of its products.
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