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Enter Symbol:
Rating: INVN
Neutral $10

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

Friday,  Jan 8, 2016  9:25 AM ET by Betsy O'Brien Harrison

Rosenblatt downgraded InvenSense Inc (NYSE: INVN) to Neutral with price target
$10. Previously Rosenblatt downgraded to InvenSense Inc (NYSE: INVN) to Buy with price target $15 on 10/13/2015, when the stock price was $10.20.

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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