Identiv price target lowered to $10 from $12 at B. Riley

B. Riley lowered the firm’s price target on Identiv to $10 from $12 and keeps a Buy rating on the shares. Th company reported lower Q3 sales but slightly higher earnings, while the Q4 sales outlook was below hurt by low-margin RFID push-outs and macro issues, the analyst tells investors in a research note.