InvenSense price target raised to $28 from $23 at RW Baird Baird raised its price target on InvenSense (INVN) on the belief the company may have won all of the Samsung Galaxy S5 in addition to multiple growth opportunities with the launch of Apple's smart watch this year. (AAPL)
InvenSense continues to have downside risk, says Pacific Crest Pacific Crest said InvenSense assumes 100% market share for their motion sensors in both the iPhone and Samsung phones to make guidance, but both STMicroelectronics and Bosch are gaining share at both companies. The analyst expects earnings to get squeezed from market share losses and further margin pressure. Shares are Sector Perform rated.