Mitek Systems shares rise 14.21% intraday after Jefferies upgrades rating to Buy and company enhances video verification to combat AI fraud in Spain.
ByAinvest
Friday, Feb 13, 2026 10:04 am ET1min read
MITK--
Mitek Systems surged 14.21% in intraday trading as Jefferies analyst Surinder Thind upgraded the stock to Buy with a $15 price target, and the company enhanced its AI-driven fraud detection solutions to combat rising identity threats in Spain, where 89% of firms report increased fraud attempts.
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