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Fly News Breaks for November 5, 2018
IRBT
Nov 5, 2018 | 07:30 EDT
Canaccord analyst Jed Dorsheimer assumed coverage on iRobot with an upgrade to Buy from the previous analyst rating of Hold. He believes the company's greatest asset may lie in its network it has launched to map a user's house. He believes it fundamentally changes the story and the value of the company. Dorsheimer raised his price target to $115 from $80 on iRobot shares.
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