Deutsche Bank Starts Inova Technology, Inc. (INVA) at Hold

November 20, 2017 6:46 AM EST
Get Alerts INVA Hot Sheet
Price: $14.18 +0.57%

Rating Summary:
    2 Buy, 1 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 18 | Down: 11 | New: 8
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Deutsche Bank initiates coverage on Inova Technology, Inc. (NASDAQ: INVA) with a Hold rating and a price target of $13.00.

Analyst Esther Rajavelu views the company as an attractive cash flow story based on stable revenues coupled with significant potential for operating leverage. However, they are neutral on the stock amid concerns about revenue concentration and no near-term growth opportunities outside of the GSK partnership.

For an analyst ratings summary and ratings history on Inova Technology, Inc. click here. For more ratings news on Inova Technology, Inc. click here.

Shares of Inova Technology, Inc. closed at $13.06 yesterday.



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