JP Morgan Reiterates Overweight on iRobot, Slashes PT to $39

Emily Austin , Benzinga Staff Writer

August 02, 2011 8:43am Comments

JP Morgan reiterated its Overweight rating on iRobot (NASDAQ: IRBT). At the same time, the rating agency reduced its price target on the company's stock from $43 to $39. On Monday, IRBT closed the day at $33.59.

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JP Morgan Reiterates Overweight on iRobot, Slashes PT to $39

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