Why InvenSense (INVN) Stock Is Falling Today

NEW YORK (TheStreet) -- Shares of InvenSense (INVN)  are falling 3% to $19.33 Monday following comments from analyst firm Rosenblatt Securities.

In a note to investors, Rosenblatt changed its stance on the company to cautious from bullish. The analyst firm said there is a chance the company will lose half or all of its Apple (AAPL) iPhone 6 sales due to technical issues.

Rosenblatt analysts said there is a "technical instability" issues with InvenSense's 6-axis MU-6700 gyroscope/accelerometer which senses the motion and position of the smartphone.

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TheStreet Ratings team rates INVENSENSE INC as a Hold with a ratings score of C-. TheStreet Ratings Team has this to say about their recommendation:

"We rate INVENSENSE INC (INVN) a HOLD. The primary factors that have impacted our rating are mixed -- some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share."

You can view the full analysis from the report here: INVN Ratings Report

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