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Fly News Breaks for April 25, 2016
MITK
Apr 25, 2016 | 08:47 EDT
Roth Capital analyst Darren Aftahi believes Mitek Systems' new customer wins, especially in Mobile ID, could drive topline upside and prove the company's 2016 sales guidance conservative, driving shares upward longer-term. The analyst says he would be opportunistic on any "meaningful" stock pullback. Aftahi reiterates a Buy rating and $8 price target on the shares.