IROBOT CORP (IRBT) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of IROBOT CORP (IRBT) from OUTPERFORM to NEUTRAL on June 15, 2012, with a target price of $26.00.

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.

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