Zacks Investment Research upgraded shares of Imageware Systems (OTCMKTS:IWSY) from a sell rating to a hold rating in a research note published on Wednesday.
According to Zacks, “ImageWare Systems, Inc. is a software company specializing in digital photography and database management. The company utilizes its imaging technology to develop software used to create booking and investigative software, smart and secure identification documents, and software for professional photographers. “
A number of other research analysts have also weighed in on the company. ValuEngine raised Imageware Systems from a sell rating to a hold rating in a report on Saturday, September 30th. Northland Securities started coverage on Imageware Systems in a report on Thursday, January 4th. They set an outperform rating and a $4.25 target price for the company.
Imageware Systems (OTCMKTS:IWSY) last announced its quarterly earnings data on Thursday, November 9th. The technology company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.01). sell-side analysts predict that Imageware Systems will post -0.12 EPS for the current year.
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About Imageware Systems
ImageWare Systems Incorporated (ImageWare) provides biometrically enabled software-based identity management solutions. The Company’s product, IWS Biometric Engine, is a multi-biometric software platform that is hardware and algorithm independent, enabling the enrollment and management of unlimited population sizes.
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