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News Breaks
May 2, 2014
09:57 EDTINVNInvenSense falls after earnings miss and weaker guidance, levels to watch
Shares are down 5.6% to $19.44 at time of writing, well off the low of the session at $18.04. At current price, resistance is at $19.79. Support is at $18.94. Pacific Crest recommended buying the shares aggressively on weakness, and took its price target down to $22. Needham upgraded the stock to a Buy.
News For INVN From The Last 14 Days
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November 25, 2014
13:03 EDTINVNInvenSense 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.
November 20, 2014
07:24 EDTINVNGoldman to hold a conference
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November 13, 2014
14:47 EDTINVNInvenSense management to meet with Craig-Hallum
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10:01 EDTINVNOn The Fly: Analyst Initiation Summary
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05:44 EDTINVNInvenSense initiated with an Outperform at JMP Securities
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