B. Riley Securities Maintains Buy on Identiv, Lowers Price Target to $8.5
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has maintained its Buy rating on Identiv (NASDAQ:INVE) but lowered the price target from $9.5 to $8.5.
August 09, 2024 | 4:38 pm
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NEUTRAL IMPACT
B. Riley Securities has maintained its Buy rating on Identiv but lowered the price target from $9.5 to $8.5.
The Buy rating suggests continued confidence in Identiv's prospects, but the lowered price target indicates some caution about its near-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100