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Enter Symbol:
InvenSense Inc (INVN) [hlAlert]

Neutral INVN
down 10.00 %

InvenSense Inc (INVN) downgraded to Neutral with price target $10 by Rosenblatt

Posted on: Friday,  Jan 8, 2016  9:25 AM ET by Rosenblatt

Rosenblatt rated Neutral InvenSense Inc (NYSE: INVN) on 01/08/2016. Previously Rosenblatt rated Buy InvenSense Inc (NYSE: INVN) on 10/13/2015., when
the stock price was $10.20. Since then, InvenSense Inc has lost 10.00% as of 01/08/2016's recent price of $9.18.
If you would have followed the previous Rosenblatt's recommendation on INVN, you would have lost 10% of your investment in 87 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.

Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/8/2016 9:25 AM Hold
9.18 10.00
as of 8/27/2015
1 Week up  10.61 %
1 Month down  -38.92 %
3 Months down  -31.20 %
1 YTD down  -39.37 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/13/2015 10:25 AM Buy
10.20 15.00
4/14/2015 12:25 PM Buy

(*) Stock Price at the time of the recommendation.
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