Technology Research
Alert:
AEGIS CAPITAL Initiates
Coverage on NXT-ID (NASDAQ:NXTD); Buy Rating with $3.00 Target
Point Roberts WA, NEW
YORK, NY – November 16 , 2015 - Investorideas.com, a digital news source
covering leading sectors including tech reports technology analyst at Aegis
Capital , Ashok Kumar (CFA)
, has initiated coverage on Nxt-ID, Inc. (NASDAQ:
NXTD) with a buy rating and target price of $3.00. Nxt-ID, Inc. is a
biometrics and authentication company focused on the growing m-commerce market
with an innovative MobileBio™ suite of biometric solutions that secure mobile
platforms.
Read
the full news at http://www.investorideas.com/CO/NXT/news/2015/11161.asp
Nxt-ID, Inc.
Rating: Buy
A value-add player in
the mobile payment market
Investment
Highlights:
Nxt-ID, Inc. (Nxt-ID)
is a biometrics and authentication company focused on the
growing m-commerce
market with an innovative MobileBio™ suite of biometric
solutions that secure
mobile platforms. The Company also serves the access control
and law enforcement
facial recognition markets.
Mobile Payments: IDC
predicts that mobile payments globally will account for
US$1 trillion in
2017, up from the 2015 figure of just below US$500 billion. The
majority of mobile
payments today are related to mobile commerce transactions,
with remote payments
being the most widely used. Whereas mobile payments in
North America and
Europe are driven largely by systems that are linked to debit and
credit cards, the
limited state of card adoption in Asia/Pacific forces potential mobile
payment behavior to
shift to usage of bank account–linked mobile wallets.
Positioned in growth
markets: Nxt-ID
is focused on products, solutions, and
services that have a
need for biometric secure access control. Nxt-ID has three distinct
lines of business
that they are currently pursuing: mobile commerce; law enforcement
and
biometric access control applications.
See the full report
here:
Additional
research coverage is published on Investorideas.com
InvestorIdeas.com is a global investor news source
that follows the money in leading sectors including tech. www.investorideas.com
Disclaimer/Disclosure: The Investorideas.com newswire is a
third party publisher of news and research as well as creates original content
as a news source. Original content created by investorideas is protected by
copyright laws other than syndication rights. Investorideas is a news source on
Google news and Linkedintoday plus hundreds of syndication partners. Our site
does not make recommendations for purchases or sale of stocks or products.
Nothing on our sites should be construed as an offer or solicitation to buy or
sell products or securities. All investment involves risk and possible loss of
investment. This site is currently compensated by featured companies, news
submissions, content marketing and online advertising. Contact each company directly
for press release questions. Disclosure is posted on each release if required
but otherwise the news was not compensated for and is published for the sole
interest of our readers. Disclosure: Investoridease.com has been retained by
NXT-ID for PR, media and marketing. More info:
http://www.investorideas.com/About/Disclaimer.asp
and http://www.investorideas.com/About/News/Clientspecifics.asp
Contact Investorideas.com
800 665 0411
No comments:
Post a Comment