Maxim analyst Brian Kinstlinger lowered his price target on CIBER shares to $1.00 from $1.45 after the company achieved what he said is lower-than-expected proceeds from its divestiture of its business in Germany and Denmark. While sales of those operations do "get rid of businesses that have destroyed shareholder value," Kinstlinger expects CIBER will need another source of financing, aside from the sales of its remaining international assets, to pay back its Wells Fargo loan, he tells investors. The analyst, however, believes the U.S. business is on much stronger financial footing now and keeps a Buy rating on CIBER shares.