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.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on INVE: