InvenSense (INVN +1.7%) rallies after Pac Crest starts coverage with an Outperform: the firm is...
Tuesday, January 22, 1:49 PM ETInvenSense (INVN +1.7%) rallies after Pac Crest starts coverage with an Outperform: the firm is encourage by healthy design win activity and aggressive capacity expansion plans for InvenSense's motion sensors, speculates iPhone/iPad wins are possible in 2013, and predicts the adoption of gyroscopes within cheaper smartphones will grow this year - gyroscopes are more costly than the accelerometers typically used in cheap smartphones. FQ3 results arrive tomorrow.
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