J.P. Morgan analyst Paul J Chung upgraded iRobot (IRBT – Research Report) to a Hold yesterday and set a price target of $61.00. The company’s shares closed yesterday at $59.03.
According to TipRanks, J Chung is an analyst with an average return of -4.2% and a 41.10% success rate. J Chung covers the Technology sector, focusing on stocks such as Cognex, Plexus, and Diebold Nixdorf.
iRobot has an analyst consensus of Hold, with a price target consensus of $53.75.
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The company has a one-year high of $98.86 and a one-year low of $35.41. Currently, iRobot has an average volume of 913.5K.
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iRobot Corp. is a robot company, which engages in designing and building robots. Its products include robot vacuums, robot maps, and pool cleaners. The company was founded by Rodney Allen Brooks, Colin M. Angle and Helen Greiner in August 1990 and is headquartered in Bedford, MA.
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