ASG Technologies Releases Letter Proposing to Acquire Mitek Systems

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Mitek Systems (MITK) PT Raised to $13.50 at Roth Capital Following 4Q

November 2, 2018 6:52 AM EDT

Roth Capital analyst, Darren Aftahi, raised the price target on Mitek Systems (NASDAQ: MITK) to $13.50 (from $12.50) while maintaining a Buy rating following the company's 4Q earnings report. MITK reported sales/adj. EBITDA/non-GAAP EPS of $21.0M/~$5.9M/~$0.14, which outperformed consensus of ~$20.1M/ $3.8M/$0.09,... More