Craig-Hallum analyst Anthony Stoss reiterated a Buy rating on Immersion (IMMR – Research Report) today. The company’s shares closed yesterday at $6.65.
According to TipRanks, Stoss is a 5-star analyst with an average return of 9.5% and a 55.75% success rate. Stoss covers the Technology sector, focusing on stocks such as Digital Turbine, Calamp, and Digi International.
Immersion has an analyst consensus of Moderate Buy, with a price target consensus of $11.00.
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The company has a one-year high of $9.08 and a one-year low of $5.90. Currently, Immersion has an average volume of 445.1K.
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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.
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