On Track Innovations Ltd (OTIV) Posts Q1 Loss of 9c/Share
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On Track Innovations (OTIV) PT Cut to $3.50 at Northland Capital Markets
May 15, 2014 7:57 AM EDTNorthland Capital Markets analyst Michael Latimore lowered his price target on On Track Innovations (NASDAQ: OTIV) to $3.50 (from $5.25) but maintained his Outperform rating following Q1 results largely on comparables multiple compression.
The firm is lowering FY14 EBITDA to ($6.4) mil from ($5.9) mil,... More
