Raymond James analyst Brian Gesuale upgraded iRobot to Market Perform from Underperform while lowering his EPS estimates to reflect no tariff relief in 2020 and limited expense leverage. In a research note to investors, Gesuale says his rating change reflects his view that that estimates are washed out, potential upside catalysts exist and there are few negative catalysts to push shares below the $45-$55 range. He continues to see aggressive pricing, new entrants, and remains concerned about the RVC market entering a commoditization phase, but thinks upside events could move shares temporarily higher.