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Enter Symbol:
Rating: IRBT

Irobot Corporation (NASDAQ: IRBT) downgraded to Underweight by JP Morgan

Friday,  Feb 7, 2014  8:25 AM ET by Kristen Bailey

JP Morgan downgraded Irobot Corporation (NASDAQ: IRBT) to Underweight.
JP Morgan rated Irobot Corporation (NASDAQ: IRBT) to Neutral on 12/12/2013, when the price was $29.63.

iRobot Corp. designs robots that perform dull, dirty or dangerous missions in a better way. The company's proprietary technology, iRobot AWARE, Robot Intelligence Systems, incorporates advanced concepts in navigation, mobility, manipulation and artificial intelligence. This proprietary system enables iRobot to build behavior-based robots, including its family of consumer and military robots.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.

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