Intellicheck Q3 Upside and New Forecasts Shift Narrative

Intellicheck's Q3 results have led to a shift in analyst narratives, with DA Davidson lifting its price target to $7.50 from $6.50 and reinforcing a Buy rating. The company's strong performance and improved execution quality have been cited as key drivers of the more constructive view. However, some analysts note that the higher price target implies that recent operational strength may already be reflected in the shares, leaving less room for upside.