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Fly News Breaks for October 27, 2016
IRBT
Oct 27, 2016 | 07:29 EDT
Canaccord analyst Bobby Burleson raised his price target on iRobot to $53 from $45 following upside for its Q3 results and forward guidance. The analyst sees growing consumer awareness and demand for the robotic vacuum category. Burleson reiterated his Buy rating on iRobot shares.
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