Following an Asian trip, Pac Crest's
John Vinhhas upped his InvenSense (
INVN+3.9%) PT by $4 to $26.
Like
Craig-Hallum, Vinh thinks it's possible
InvenSense has landed the iPhone 6's gyroscope slot. He also thinks
the company might have iPhone 6 OIS and iWatch design wins.
Vinh had recently reported InvenSense's OIS products are making
headway at top customer Samsung. CEO Behrooz Abdi
stated in MayInvenSense's OIS products had seen
"quite a bit of adoption," but cautioned design wins with tier-1
OEMs could take time.
OTR Global is also out with a bullish note on InvenSense.
Shares are at their highest levels since April.
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INVN
Posted by morton13 on 7th of Jul 2014 at 10:03 am
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