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Tuesday, December 19, 2017 9:04:37 PM
NXTD Target $5...
Maxim analyst Brian Kinstlinger opined, "NXTD has done a solid job building out the ecosystem in the U.S. with similar agreements with Bank of America, Capital One as well as others, and the process of building out a global ecosystem is continuous and ongoing. We believe FitPay is working on similar agreements with other Australian banks. In addition FitPay is collaborating with 15 OEMs that are integrating its' payments platform into their devices, such as the case with the latest release of the Garmin smart watch with payments capabilities." The analyst continued, "We believe the biggest near-term catalyst is activation of payments capabilities on the new Garmin smart watch in 1H18."
Kinstlinger reiterates a Buy rating on NXT-ID shares, with a $5.00 price target, which implies a potential upside of 175% from today's closing price
Nxt-ID, Inc., a security technology company, engages in the development of products and solutions for security, healthcare, finance, and Internet of Things (IoT) markets.
NXTD Nxt-ID, Inc., a security technology company, engages in the development of products and solutions for security, healthcare, finance, and Internet of Things (IoT) markets.
Maxim analyst Brian Kinstlinger opined, "NXTD has done a solid job building out the ecosystem in the U.S. with similar agreements with Bank of America, Capital One as well as others, and the process of building out a global ecosystem is continuous and ongoing. We believe FitPay is working on similar agreements with other Australian banks. In addition FitPay is collaborating with 15 OEMs that are integrating its' payments platform into their devices, such as the case with the latest release of the Garmin smart watch with payments capabilities." The analyst continued, "We believe the biggest near-term catalyst is activation of payments capabilities on the new Garmin smart watch in 1H18."
Kinstlinger reiterates a Buy rating on NXT-ID shares, with a $5.00 price target, which implies a potential upside of 175% from today's closing price
Nxt-ID, Inc., a security technology company, engages in the development of products and solutions for security, healthcare, finance, and Internet of Things (IoT) markets.
NXTD Nxt-ID, Inc., a security technology company, engages in the development of products and solutions for security, healthcare, finance, and Internet of Things (IoT) markets.
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