DA Davidson analyst Rudy Kessinger raised the firm’s price target on Intellicheck (IDN) to $7.50 from $6.50 and keeps a Buy rating on the shares. The stock is up sharply after the company’s Q3 results last night given the very strong Q3 beat on both Revenue and EBITDA, the analyst tells investors in a research note. Incremental EBITDA margins were about 62% from Q2 and about 61% y/y, demonstrating the strong leverage in the model, the firm added.
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