VerifyMe price target lowered to $1.70 from $2 at Barrington

Barrington analyst Michael Petusky lowered the firm’s price target on VerifyMe to $1.70 from $2 and keeps an Outperform rating on the shares. The company reported “somewhat disappointing” Q2 results but affirmed expectations for positive adjusted EBITDA, the analyst tells investors in a research note.