Mitek Systems (MITK) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Mitek Systems (MITK)

MITK 9.230

-0.1%

Oct 31 9:30 AM EDT

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Thomas Kirwin	3/30/2012 10:33:38 PM
	Read Replies (1) of 169

Needham Initiates Coverage of MITK with a Buy Rating and $18 Price Target Needham & Company Begins Coverage on Mitek Systems (MITK) Posted by LUSA Staff on Mar 26th, 2012 // No Comments Needham & Company started coverage on shares of Mitek Systems (NASDAQ: MITK) in a research note issued on Monday. They set a “buy” rating on the stock.A number of other firms have also recently commented on MITK. Analysts at Piper Jaffray (NYSE: PJC) initiated coverage on shares of Mitek Systems in a research note to investors on Thursday, March 8th. They set a “neutral” rating on the stock. Separately, analysts at JMP Securities initiated coverage on shares of Mitek Systems in a research note to investors on Tuesday, March 6th. They set an “outperform” rating and a $17.00 price target on the stock. Finally, analysts at Compass Point downgraded shares of Mitek Systems to a “neutral” rating in a research note to investors on Thursday, February 16th. Shares of Mitek Systems opened at 11.62 on Monday. Mitek Systems has a one year low of $4.05 and a one year high of $13.11. The stock’s 50-day moving average is $11.18 and its 200-day moving average is $9.66. The company has a market cap of $286.8 million and a P/E ratio of 484.17. The company last announced its quarterly results on Tuesday, February 7th. It reported $0.02 earnings per share (EPS) for the previous quarter. The company’s quarterly revenue was up 150.0% on a year-over-year basis. On average, analysts predict that Mitek Systems will post $0.03 earnings per share next quarter.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next