Craig-Hallum analyst Anthony Stoss reiterated a Buy rating on Immersion (IMMR – Research Report) today and set a price target of $10.00. The company’s shares closed yesterday at $6.28.
Stoss covers the Technology sector, focusing on stocks such as Akoustis Technologies, Digi International, and Semtech. According to TipRanks, Stoss has an average return of 7.5% and a 49.46% success rate on recommended stocks.
Currently, the analyst consensus on Immersion is a Moderate Buy with an average price target of $10.00.
See the top stocks recommended by analysts >>
IMMR market cap is currently $216.3M and has a P/E ratio of 5.84.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Immersion (IMMR) Company Description:
Immersion Corp. engages in the creation, design, development and licensing of patented haptic innovations and software. The company offers touch sense platform and design services. It focuses on the following target application areas: mobile devices, wearable, consumer, mobile entertainment and other content, console gaming, automotive, medical, and commercial. The company was founded in 1993 and is headquartered in San Jose, CA.
Read More on IMMR:
