Northland Securities Sticks to Their Buy Rating for Mitek Systems (MITK)

In a report released today, Michael Grondahl from Northland Securities maintained a Buy rating on Mitek Systems (MITK – Research Report), with a price target of $13.00. The company’s shares closed last Wednesday at $9.57.

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Grondahl covers the Financial sector, focusing on stocks such as Bitcoin Depot, Riot Platforms, and Green Dot. According to TipRanks, Grondahl has an average return of 18.2% and a 47.12% success rate on recommended stocks.

Currently, the analyst consensus on Mitek Systems is a Strong Buy with an average price target of $13.33.

The company has a one-year high of $13.72 and a one-year low of $6.93. Currently, Mitek Systems has an average volume of 444.7K.