Mesa Labs price target lowered to $150 from $160 at Evercore ISI

Evercore ISI analyst Vijay Kumar lowered the firm’s price target on Mesa Labs (MLAB) to $150 from $160 and keeps an Outperform rating on the shares. Mesa reported “mixed” fiscal Q2 results last week, but should see a second half catch up as shipping impact recovers, the analyst tells investors in an earnings recap note.