Lake Street analyst Jaeson Schmidt views the recent pullback in shares of Identiv as a buying opportunity. After meeting with management and seeing some product demos at the International Security Conference & Exposition West last week, the analyst feels confident Identiv remains on track to see sustained revenue growth and achieve profitability this year. While the stock is down 21% since reporting Q4 results in early March, Schmidt does not think there has been any deterioration in the company's fundamentals. He sees an attractive entry point at current levels and reiterates a Buy rating on Identiv with a $9 price target.