Intellicheck Inc (IDN) Receives “Buy” Rating from Oppenheimer Holdings, Inc.

Intellicheck Inc (NYSEAMERICAN:IDN)‘s stock had its “buy” rating reaffirmed by equities research analysts at Oppenheimer Holdings, Inc. in a research report issued on Wednesday. They currently have a $4.00 target price on the industrial products company’s stock. Oppenheimer Holdings, Inc.’s price target indicates a potential upside of 74.67% from the stock’s previous close.

A number of other brokerages have also commented on IDN. CIBC began coverage on Intellicheck in a research note on Wednesday, September 20th. They set an “outperform” rating and a $4.00 price target on the stock. Northland Securities began coverage on Intellicheck in a research note on Wednesday, September 6th. They set an “outperform” rating and a $4.30 price target on the stock. Finally, ValuEngine lowered Intellicheck from a “hold” rating to a “sell” rating in a research note on Tuesday.

Intellicheck (NYSEAMERICAN IDN) traded down $0.06 during trading hours on Wednesday, reaching $2.29. The company had a trading volume of 43,000 shares, compared to its average volume of 65,738. Intellicheck has a fifty-two week low of $1.80 and a fifty-two week high of $4.55.

Intellicheck (NYSEAMERICAN:IDN) last announced its quarterly earnings results on Tuesday, November 14th. The industrial products company reported ($0.08) EPS for the quarter, meeting the Zacks’ consensus estimate of ($0.08). Intellicheck had a negative return on equity of 37.73% and a negative net margin of 115.48%.

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Several hedge funds have recently made changes to their positions in IDN. Clear Harbor Asset Management LLC raised its position in shares of Intellicheck by 21.4% during the third quarter. Clear Harbor Asset Management LLC now owns 1,141,162 shares of the industrial products company’s stock worth $3,287,000 after acquiring an additional 201,250 shares during the last quarter. First Eagle Investment Management LLC raised its position in shares of Intellicheck by 0.8% during the second quarter. First Eagle Investment Management LLC now owns 1,068,386 shares of the industrial products company’s stock worth $4,145,000 after acquiring an additional 8,750 shares during the last quarter. Finally, Vanguard Group Inc. raised its position in shares of Intellicheck by 81.1% during the second quarter. Vanguard Group Inc. now owns 99,502 shares of the industrial products company’s stock worth $386,000 after acquiring an additional 44,560 shares during the last quarter.

About Intellicheck

Intellicheck, Inc, formerly Intellicheck Mobilisa, Inc, is a technology company. The Company is engaged in developing, integrating and marketing wireless technology and identity systems for various applications, including mobile and handheld access control, and security systems for the government, military and commercial markets.

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