Lake Street Got Intermolecular (NASDAQ:IMI) Covered with $3 Target.

June 29, 2018 - By Andre Harris

Intermolecular, Inc. (NASDAQ:IMI) Corporate Logo

Big Money Sentiment increased to 1.44 in 2018 Q1. It has change of 0.06, from 2017Q4’s 1.38. The ratio improved due to Intermolecular, Inc. positioning: 5 sold and 4 reduced. 8 funds acquired positions and 5 increased positions. Investors holded 18.50 million in 2017Q4 but now own 18.13 million shares or 2.02% less.

Royal Savings Bank Of Canada has 19 shs for 0% of their capital. 71,525 were accumulated by Blackrock. Raging Cap Management Limited Company accumulated 2.57% or 14.73M shs. Art Ltd Liability owns 10,683 shs for 0% of their capital. Essex Invest Mngmt Ltd Liability Corp reported 0.03% stake. Citadel Advsrs Llc owns 13,038 shs for 0% of their capital. Rbf invested in 43,071 shs or 0.01% of the stock. Geode Management Ltd Limited Liability Company accumulated 69,386 shs. Bankshares Of America Corporation De, North Carolina-based fund reported 1,000 shs. Northern reported 31,697 shs. Vanguard Gp Inc reported 490,309 shs or 0% of all its holdings. Symmetry Peak Lc holds 355,666 shs. Acadian Asset Lc invested 0% of its capital in Intermolecular, Inc. (NASDAQ:IMI). Thompson Siegel Walmsley Limited Liability reported 0% of its capital in Intermolecular, Inc. (NASDAQ:IMI). Tower Rech Cap Ltd Liability Corp (Trc) reported 0% in Intermolecular, Inc. (NASDAQ:IMI).

What Price Target Has Lake Street Given Intermolecular (NASDAQ:IMI)

New York: On Thursday, 28 June, Intermolecular (NASDAQ:IMI) coverage was initiated with a Buy rating and $3 price target at Lake Street. That’s upside potential of 85.19 % from firm’s last stock price.

The stock decreased 1.22% or $0.02 during the last trading session, touching $1.62.Intermolecular, Inc. has volume of 2,273 shares. Since June 29, 2017 IMI has risen 63.64% and is uptrending. The stock outperformed the S&P 500 by 51.07%.

Intermolecular, Inc. engages in the development of advanced materials using high productivity combinatorial technology platform for the semiconductors, consumer electronics, automotive, and aerospace industries worldwide.The company has $80.35 million market cap. The company's HPC platform includes Tempus processing tools, automated characterization methods, and informatics analysis software for research and development using combinatorial process systems in concert with established chemical vapor deposition, physical vapor deposition, and atomic layer deposition methods.Last it reported negative earnings. It serves various markets, including semiconductor, glass, advanced alloys, light-emitting diodes, flat-panel displays, and others.

There’s a substantial Intermolecular, Inc. (NASDAQ:IMI) news announced by Streetinsider.com. It’s an article titled: “Lake Street Capital Markets Starts Intermolecular (IMI) at Buy” on June 28, 2018.

Intermolecular, Inc. (NASDAQ:IMI) Institutional Investors Chart

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