Market Overview

J.P. Morgan Maintains Neutral on LoJack

Share:

J.P. Morgan is out with its report today on LoJack (NASDAQ: 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.

Posted-In: J.P. MorganAnalyst Color Reiteration Analyst Ratings

 

Related Articles (LOJN)

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
COUPMaintains140.0
LENMaintains55.0
FDSMaintains300.0
BKMaintains45.0
FDSMaintains233.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

Should Call of Duty Be Worried by Battlefield 3's Massive Sales Figures?

Rodman & Renshaw Maintains Market Outperform Rating and $12 PT on Alnylam Pharmaceuticals