Craig-Hallum analyst Anthony Stoss lowered the firm’s price target on Identiv (INVE) to $5 from $6 and keeps a Buy rating on the shares. The firm believes investors can find value in Identiv as shares are trading below their fully diluted net cash per share value of $4.46. Craig-Hallum thinks management continues to execute well in an uncertain environment, announcing a partnership with Narravero for digital product passport adoption and compliance.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on INVE: