William Blair sees Mitek (MITK) being forced to settle an intellectual property lawsuit filed...

|About: Mitek Systems Inc. (MITK)|By:, SA News Editor

William Blair sees Mitek (MITK) being forced to settle an intellectual property lawsuit filed against it by USAA due to the high costs of a long legal battle. Analysts with the firm see more downside volatility, but keep an Outperform rating on the company on the strength of its sound technology. Shares of MITK -2.5% premarket.