Wall Street Analysts Believe Mitek Systems (MITK) Could Rally 34.72%: Here's is How to Trade

Mitek Systems (MITK) closed the last trading session at $9.65, gaining 11.6% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of$ 13 indicates a 34.7% upside potential.The average comprises four short-term price targets ranging from a low of $10.00 to a high of$ 15.00, with a standard deviation of $2.16. While the lowest estimate indicates an increase of 3.6% from the current price lev ...