Список проголосовавших за комментарий " <table class="BriefingDataTable" border="0" cellspacing="0" cellpadding="0"><tr> <td class="tickerColumn"> </td> <td class="articleColumn">Immersion downgraded to Hold at Craig Hallum; tgt lowered to $8 as they await Apple (AAPL) outcome and likely Samsung (SSNLF) lawsuit (10.69)Craig Hallum downgrades IMMR to Hold from Buy and lowers their tgt to $8 from $11 following the Q4 miss and lower than expected guide. Mgmt stated on the call that FY2017 does not include the potential rev from re-signing <strong>SSNLF</strong> or a positive ruling in their trial with <strong>AAPL</strong>. Non-GAAP net loss is expected to be $23-$32 mln, well below expectations due largely to ~$20 mln in expected litigation expense for 2017 that will be 1H2017 weighted. Firm does not believe that IMMR's current litigation expense expectations include the possible lawsuit at SSNLF for FY2017 should they have to sue. Firm also notes IMMR's stock price ran following their Q3 print due to a large increase in LT deferred revs with Q3 at ~$27.5 mln, up from ~$1.4 mln in Q2, but co saw a ~$1 mln decrease in this line item for Q4 versus expectations for additional growth from new deal signings. <strong>While they believe that IMMR has a solid IP portfolio for haptics they are stepping to the sidelines as they await new fundamental drivers and the lawsuit/re-signing clarity at AAPL and SSNLF.</strong></td> </tr></table>"