Published On: Wed, Oct 19th, 2016

Adesto Technologies Corporation (IOTS) Latest Broker Coverage


A number of investment brokers have recently updated their price targets on shares of Adesto Technologies Corporation (IOTS).

Most recent broker ratings

08/31/2016 – Roth Capital began new coverage on Adesto Technologies Corporation giving the company a “buy” rating. They now have a USD 4 price target on the stock.

08/10/2016 – Adesto Technologies Corporation had its “strong buy” rating reiterated by analysts at Needham & Company. They now have a USD 4 price target on the stock.

04/14/2016 – Adesto Technologies Corporation had its “sector weightq” rating reiterated by analysts at Oppenheimer.

04/13/2016 – Adesto Technologies Corporation had its “buy” rating reiterated by analysts at Benchmark. They now have a USD 8 price target on the stock.

02/19/2016 – Adesto Technologies Corporation had its “buy” rating reiterated by analysts at Sanford C. Bernstein. They now have a USD 9 price target on the stock.

The share price of Adesto Technologies Corporation (IOTS) was down -6.30% during the last day of trading, with a day high of 2.38. 124924 shares were traded during the last session.

The stock’s 50 day moving average is 2.31 and its 200 day moving average is 3.37. The stock’s market capitalization is 33.57M. Adesto Technologies Corporation has a 52-week low of 1.98 and a 52-week high of 8.50.

Adesto Technologies Corporation is a provider of application-specific and ultra-low power non-volatile memory products. The Company optimizes its non-volatile memory products for Internet of Things (IoT), applications, including current and next-generation Internet-connected devices in the consumer, industrial, medical and wearables markets. It operates in application-specific and feature-rich, ultra-low power non-volatile memory (NVM) products segment. It combines its non-volatile memory design capabilities with intellectual property and differentiated technology platforms to deliver products that manage the overall energy consumption of its customers’ systems and battery life. Its products feature embedded intelligence in a small form factor. It sells its products directly to original equipment manufacturers and original design manufacturers, respectively that manufacture products for its end customers.