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Intrusion price target lowered to $1 from $1.50 at H.C. Wainwright

H.C. Wainwright analyst Scott Buck lowered the firm’s price target on Intrusion to $1 from $1.50 and keeps a Buy rating on the shares. The firm says it would look to become more constructive on Intrusion shares when it sees more balance sheet stability and an acceleration in revenue, driven by high-margin Shield contracts.

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