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Friday, 05/29/2015 2:12:24 PM

Friday, May 29, 2015 2:12:24 PM

Post# of 2804248
$NXTD Vista Partners Initiates Coverage on Nxt-ID, Inc. (NasdaqCM: NXTD); Price Target $7.50
Vista Partners Initiates Coverage on Nxt-ID, Inc. (NasdaqCM: NXTD); Price Target $7.50
Marketwired
Vista Partners LLC 3 hours ago

SAN FRANCISCO, CA--(Marketwired - May 29, 2015) - Vista Partners announced today that it has initiated coverage on Nxt-ID, Inc. (NASDAQ: NXTD) ("the Company" or "NXT") based in Oxford, CT, with a twelve month price target of $7.50. Ross Silver, Principal Analyst at Vista Partners, stated, "NXT is an early stage technology company that is focused on products, solutions, and services that have a need for biometric secure access control. The company is focused on the growing m-commerce market, launching its innovative MobileBio® suite of biometric solutions that secure consumers' mobile platforms led by Wocket®; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required." Mr. Silver concludes, "Competitors in the digital wallet marketplace, many of which are holdings in the iShares U.S. Technology ETF (NYSE: IYW) include: Google (Google Wallet), Apple (Apple Pay), EBAY (Paypal) & LoopPay (acquired by Samsung in February 2015 for $250M+)."



http://stockpumpers.blogspot.com/2015/05/vista-partners-initiates-coverage-on.html

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