J.P. Morgan Maintains Neutral on LoJack

J.P. Morgan is out with its report today on LoJack LOJN, maintaining Neutral. In its report, J.P. Morgan writes, "LOJN remains attractively valued on a 2012 EV/EBITDA basis trading at only1.0x times; however we believe risks will weigh on this illiquid stock until we get more clarity regarding the dispute with Global Tracking, a significant risk to forward estimates." J.P. Morgan maintains a $5.50 PT on LOJN. At the time of posting, shares of LOJN were trading at $3.28.