Lake Street: Intermolecular (NASDAQ:IMI) has $3 Target Has New Rating.

June 29, 2018 - By Margaret Staats

Intermolecular, Inc. (NASDAQ:IMI) Corporate Logo

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

Thompson Siegel And Walmsley Ltd Liability invested in 2,400 shs. Barclays Public Limited Co stated it has 0% of its capital in Intermolecular, Inc. (NASDAQ:IMI). Vanguard Group Inc reported 490,309 shs. Ingalls & Snyder Ltd Liability Corp holds 0% of its capital in Intermolecular, Inc. (NASDAQ:IMI) for 26,500 shs. Renaissance Technology Ltd Liability holds 0% or 1.02M shs. Royal Natl Bank Of Canada holds 0% or 19 shs in its capital. Bridgeway Mngmt has invested 0% in Intermolecular, Inc. (NASDAQ:IMI). 13,038 were reported by Citadel Advisors Llc. Blackrock invested 0% in Intermolecular, Inc. (NASDAQ:IMI). Symmetry Peak Mngmt Lc invested in 0.13% or 355,666 shs. Art Advsrs Limited Liability Company reported 10,683 shs. Geode Cap Management Limited Liability invested 0% in Intermolecular, Inc. (NASDAQ:IMI). 1,350 are owned by Tower Research Capital Ltd Liability Corp (Trc). Bancorporation Of America De owns 0% invested in Intermolecular, Inc. (NASDAQ:IMI) for 1,000 shs. Moreover, Acadian Asset Limited Company has 0% invested in Intermolecular, Inc. (NASDAQ:IMI) for 17,608 shs.

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

Today a research note was issued to clients and investors, in which Lake Street analyst began coverage of Intermolecular (NASDAQ:IMI) with “Buy” rating. The Expert analysts give $3 PT which indicates upside potential of 85.19 % on IMI’s shares.

IMI hit $1.62 during the last trading session after $0.02 change.Currently Intermolecular, Inc. is uptrending after 63.64% change in last June 29, 2017. IMI has also 2,273 shares volume. IMI 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 firm is valued at $80.35 million. 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 an important Intermolecular, Inc. (NASDAQ:IMI) news announced by Streetinsider.com. It’s a report 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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