Zacks Investment Research downgraded shares of INVENSENSE INC (INVN) from OUTPERFORM to UNDERPERFORM on November 12, 2014, with a target price of $13.80.
InvenSense Inc. provides motion processing solutions that enable a motion-based user interface for consumer electronics. Its solutions are comprised of an integrated circuit that incorporates motion sensors, such as gyroscopes, with associated software. The Company offers devices for applications in console and portable video gaming devices, handset and tablet devices, digital still and video cameras, digital television and set-top box remote controls, 3D mice and portable navigation devices. Its technology is comprised of four proprietary components: its patented Nasiri-Fabrication process, advanced MEMS gyroscope design, mixed-signal circuitry that provides sensor signal processing and enables SensorFusion technology critical to its MotionProcessing platform, and MotionProcessing library and MotionApplication software solutions. InvenSense Inc. is headquartered in Sunnyvale, California.
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