InvenSense Upgraded On Apple, Samsung, Xiaomi Sales

By | April 14, 2015

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Chipmaker InvenSense (INVN) missed out on being a supplier for the Apple Watch, but the company continues to do strong business with Apple and Samsung, Rosenblatt Securities said Tuesday in upgrading its rating on InvenSense stock. Rosenblatt analyst Brian Blair upgraded the company to a buy and hiked his price target on InvenSense stock to 20 from 15. InvenSense stock was up more than 4% in early trading in the stock market today, above 16. Scalper1 News

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