Raymond James Downgrades iRobot (IRBT) to Market Perform

Brokerage firm Raymond James Downgrades its rating on iRobot(NASDAQ:IRBT). The shares have been rated Market Perform. Previously, the analysts had a Outperform rating on the counter. The rating by Raymond James was issued on Sep 18, 2015. iRobot Corporation (NASDAQ:IRBT) should head towards $38.93 per share according to 5 Analysts in consensus. However, if the road gets shaky, the stock may fall short to $31 per share. The higher price estimate target is at $50 according to the Analysts. The company shares have dropped 1.8% in the past 52 Weeks. On December 3, 2014 The shares registered one year high of $38.1 and one year low was seen on August 26, 2015 at $27.55. The 50-day moving average is $30.08 and the 200 day moving average is recorded at $32.03.…

Link to Full Article: Raymond James Downgrades iRobot (IRBT) to Market Perform

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