Market Overview

From Earlier: Early Bird Capital Reiterates iRobot Hold


Early Bird Capital reiterated its iRobot (NASDAQ: IRBT) Hold rating in a research report published today.

In the report, Early Bird Capital stated, "Despite a strong performance this quarter, management's reiteration of guidance appears more conservative given the constrained defense budget environment and the impacts on IRBT. This uncertainty has underpinned our HOLD rating. As a result we reiterate our HOLD rating."

Shares of iRobot were trading in aftermarket trading at the time of posting at $23.56, down 4.23% from Tuesday's market close of $24.60.

Posted-In: EarlyBird CapitalAnalyst Color Reiteration Analyst Ratings


Related Articles (IRBT)

Around the Web, We're Loving...

Get Benzinga's Newsletters

Our Experts vs. S&P 500Powered by Benzinga
Marketfy Products Return S&P 500
Morning Profit Maker 42.72% 6.69%
The Option Prophet 91.14% 6.69%
SecretCaps 26.55% 6.69%
Short-Term Trend Trading 11.89% 6.69%
View the highest rated products→