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Fly News Breaks for August 28, 2018
MITK
Aug 28, 2018 | 07:16 EDT
As previously reported, Benchmark analyst Mark Schappel downgraded Mitek Systems to Hold from Buy, stating that recent management departures leave uncertainty in key roles. Mitek, which announced last night that CEO Jim DeBello will be leaving, is likely to see lower investor sentiment and downward pressure on its shares during the next few months, contends Schappel.
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