Identiv (INVE) Gets a Buy Rating from Imperial Capital

By Austin Angelo

Imperial Capital analyst Jeff Kessler maintained a Buy rating on Identiv (INVEResearch Report) today and set a price target of $9.00. The company’s shares closed last Monday at $4.70.

According to TipRanks.com, Kessler is a 4-star analyst with an average return of 8.0% and a 56.7% success rate. Kessler covers the Consumer Goods sector, focusing on stocks such as Axon Enterprise Inc, Shotspotter Inc, and Zebra Tech.

Currently, the analyst consensus on Identiv is a Strong Buy with an average price target of $9.38.

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The company has a one-year high of $6.87 and a one-year low of $3.34. Currently, Identiv has an average volume of 33.94K.

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Identiv, Inc. engages in the provision of physical security and secure identification products. It operates through the Premises and Identity segments.