Integral Ad Science price target lowered to $12 from $16 at Barclays

Barclays lowered the firm’s price target on Integral Ad Science to $12 from $16 and keeps an Equal Weight rating on the shares as part of a Q1 earnings preview for the software sector. There are finally signs of better times ahead in software with supplier checks “properly inflecting upwards,” the analyst tells investors in a research note. The firm says that not all vendors will see these reflected in their Q1 results, so it expects an uneven performance across the group.