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Iteris, Inc. (ITI) [hlAlert]

Rating:
Buy ITI
down 6.16 %

Iteris, Inc. (ITI) rated Buy with price target $3.20 by MDB Capital Group

Posted on: Wednesday,  Jul 30, 2008  11:25 AM ET by MDB Capital Group

MDB Capital Group rated Buy Iteris, Inc. (AMEX: ITI) on 07/30/2008, when the stock price was $2.27. Since
then, Iteris, Inc. has lost 6.17% as of 08/27/2015's recent price of $2.13.
If you would have followed this MDB Capital Group's recommendation on ITI, you would have lost 6.16% of your investment in 2584 days.

Iteris, Inc. (Iteris) is engaged in the traffic management market, which focuses on the development and application of technologies that reduce traffic congestion and improve the safety of surface transportation systems infrastructure. The Company offers a range of intelligent transportation systems (ITS) and driver safety solutions to customers worldwide. Iteris operates in three segments: Roadway Sensors, Vehicle Sensors and Transportation Systems. The Roadway Sensors segment includes its Vantage and VersiCam vehicle detection systems for traffic intersection control, incident detection and certain highway traffic data collection applications. The Vehicle Sensors segment includes its AutoVue lane departure warning (LDW) system and is consisted of all activities related to vehicle safety. The Transportation Systems segment includes transportation engineering and consulting services, and the development of transportation management and traveler information systems for the ITS industry.

MDB Capital has strives to be the leading micro-cap research firm. Our focus is on companies between $40-$200MM in market capitalization that are not widely covered by other research firms. Our objective in following this sector is to provide our investors with idea that lead to above markets returns. MDB strives to provide insightful, independent and performance-oriented research. We strictly maintain a pure research environment, where solid research opinions are formed by our analysts' thorough evaluations, rather than influenced by investment banking relationships.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/30/2008 11:25 AM Buy
None
2.27 3.20
as of 12/24/2008
1 Week up  7.75 %
1 Month down  -6.71 %
3 Months up  3.30 %
1 YTD down  -19.35 %

(*) Stock Price at the time of the recommendation.
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