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Fly News Breaks for May 5, 2015
INVN
May 5, 2015 | 08:41 EDT
Canaccord said InvenSense (INVN) is attractive for long-term investors as they believe the company's dominant position in MEMS-based gyroscope motion sensors should drive solid sales and earnings growth due to strong sales from its top customer Apple (AAPL). Canaccord reiterated its Buy rating and raised its price target to $19 from $18 on InvenSense shares.
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