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Identiv price target raised to $7 from $5 at Craig-Hallum

Craig-Hallum raised the firm’s price target on Identiv (INVE) to $7 from $5 and keeps a Buy rating on the shares. The firm continues to believe investors can find value in Identiv as shares are trading below their net cash/share value of $5.18. Craig-Hallum continues to highlight the company’s IFCO deal as it notes ASPs will likely be above the corporate average when launched in 2026.

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