JMP Securities Initiates iRobot At Market Perform

Analysts at JMP Securities initiated coverage on shares of iRobot

with a Market Perform rating. The target price for iRobot is set to $50. iRobot shares have surged 12.10% over the past 52 weeks, while the S&P 500 index has gained 14.39% in the same period. iRobot's shares rose 0.34% to $35.50 in after-hours trading.