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Fly News Breaks for December 13, 2018
MITK
Dec 13, 2018 | 09:17 EDT
BTIG analyst Joel Fishbein kept his Buy rating and $14 price target on Mitek after meeting with its CFO, saying the discussions support his confidence in the company's long-term and near-term plans as it "navigates ASG Technologies' activist involvement." The analyst has a "bullish" view on Mitek's "highly profitable mobile deposit business and rapidly developing ID verification segment".
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