Roth Capital Partners maintained a Neutral rating on Planar Systems, Inc.(NASDAQ: PLNR), and lowered their price target to $5.50 (from $7), anticipating a "lull in Digital Signage". PLNR posted in-line revenue, near the high-end of guidance. But, the 3Q and full year guidance is below consensus.

Roth Capital analyst, Jeff Martin, commented on their analysis, saying, "We remain constructive on the Digital Signage part of PLNR's business over the long run given our view that new technologies will broaden the number of applications for PLNR's new and existing products. Near term, we believe the lull in Digital Signage is likely to pressure the valuation and reset our price target to $5.50 from $7 and maintain a Neutral rating."

Martin also added, "We believe the momentum trade in PLNR will cease following in-line results in 2Q15 and management's 3Q15 and full-year guidance that is below consensus. We look for shares to stabilize in the mid $5 range based, using 10x FTM adjusted EBITDA as a basis. We believe growth opportunities in the Digital Signage market remain compelling, but quarterly volatility is not likely to sit well with momentum investors, in our view."

For an analyst ratings summary and ratings history on Planar Systems click here. For more ratings news on Planar Systems click here.

Shares of Planar Systems closed at $6.19 yesterday.