Identive Group (INVE) Misses Q1 EPS by 31c

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Northland Capital Lowers Price Target Following Identive Group (INVE) Q1 Miss

May 14, 2015 9:09 AM EDT

Northland Capital Markets maintains an Outperform rating on Identiv, Inc. (NASDAQ: INVE), and lowered the price target to $14.00 (from $21.00), following Q1 miss. Revenue was $14.9M, missing Northlands estimate of $18.4M, and consensus of $19.7M. Identiv lowered its full year revenue guidance to $90-$95... More