Vista Partners Initiates Coverage on NXT-ID, Inc.
(NasdaqCM: NXTD); Price Target $7.50
SAN FRANCISCO, CA - May 29, 2015 (Investorideas.com
Newswire) Vista Partners
announced today that it has initiated coverage on Nxt-ID, Inc. NXT-ID, Inc. (NASDAQ: NXTD; NXTDW) ("the Company" or "NXT")
based in Oxford, CT, with a twelve month price target of $7.50. Ross Silver,
Principal Analyst at Vista Partners, stated, "NXT is an early stage
technology company that is focused on products, solutions, and services that
have a need for biometric secure access control. The company is focused on the
growing m-commerce market, launching its innovative MobileBio® suite of
biometric solutions that secure consumers' mobile platforms led by Wocket®; a
next generation smart wallet designed to replace all the cards in your wallet,
no smart phone required." Mr. Silver concludes, "Competitors in the
digital wallet marketplace, many of which are holdings in the iShares U.S.
Technology ETF (NYSE: IYW) include: Google (Google Wallet), Apple (Apple Pay),
EBAY (Paypal) & LoopPay (acquired by Samsung in February 2015 for
$250M+)."
To download a FREE copy of the Nxt-ID, Inc.
research report, please visit http://www.vistapglobal.com and
click the "download research" icon to gain access to the report.
About Vista Partners:
Vista Partners LLC, founded in 2005, is a
Registered Investment Advisor in the States of California and Oregon. The
firm's professional staff has backgrounds in finance, corporate communications
and investment banking. Vista focuses on investing globally across all market
sectors. Vista also provides investment considerations on publicly traded
companies through a platform of stock research reports, newsletters, company
specific webpages and daily commentary. The platform of products is meant to
serve as potential tools for investors to learn about investment
considerations. It is Vista's mission to provide investors with tools that may
enable them to make profitable investment decisions with the goal to deliver
investment considerations that outperform small, mid and large cap equity
indexes.
Please follow us on Twitter @VistaPResearch &
Facebook at Vista-Partners to receive updates, thoughts and ideas about and our
coverage universe of companies and more.
Disclaimer & Disclosure:
For a full list of disclaimers and disclosures,
please visit our website www.vistapglobal.com or click here.
Read this release in full at http://www.investorideas.com/CO/NXT/news/2015/05291.asp
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