Alert: Major Price Advance (11/5/24)-iRobot Corp (NASDAQ: IRBT).

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iRobot Corp (NASDAQ: IRBT) stock enjoyed a major increase of 10.9% on 11/5/24. The shares closed at $10.41. Moreover, exceptionally high trading volume at 240% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 21.6% during the last week.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, IRBT is expected to continue to be Value Creation neutral.

iRobot has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. iRobot has a neutral Power Rating of 40 but a very low Appreciation Score of 11, leading to the Lowest Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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