Maxim Group Maintains Buy on Mitek Systems, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Maxim Group analyst Allen Klee maintains a Buy rating on Mitek Systems (NASDAQ:MITK) but lowers the price target from $23 to $13.
August 12, 2024 | 3:40 pm
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Maxim Group analyst Allen Klee maintains a Buy rating on Mitek Systems but lowers the price target from $23 to $13.
The lowered price target from $23 to $13 suggests a less optimistic outlook for Mitek Systems, which could negatively impact the stock price in the short term despite the maintained Buy rating.
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