Janney Capital Starts Mitek Systems (MITK) at Buy, Sets $18 Price Target

August 2, 2011 9:05 AM EDT Send to a Friend
Get Alerts MITK Hot Sheet
Price: $5.22 -1.51%

Rating Summary:
    2 Buy, 5 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 12 | Down: 28 | New: 13
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An analyst at Janney Capital initiated coverage on shares of Mitek Systems (NASDAQ: MITK) with a Buy rating and $18.00 price target.

With shares of Mitek closing at $9.35 Monday, the firm's new price target implies potential upside of about 93 percent.

For more ratings news on Mitek Systems click here and for the rating history of Mitek Systems click here.


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