Audioeye (OTCMKTS:AEYE) was upgraded by investment analysts at TheStreet from a “d” rating to a “c-” rating in a report issued on Thursday.

Several other analysts have also issued reports on the company. National Securities assumed coverage on Audioeye in a research note on Thursday, November 29th. They issued a “buy” rating and a $9.00 target price on the stock. Zacks Investment Research upgraded Audioeye from a “hold” rating to a “buy” rating and set a $7.00 target price on the stock in a research note on Tuesday, November 20th. Finally, B. Riley set a $10.00 target price on Audioeye and gave the company a “buy” rating in a research note on Thursday, November 15th.

Shares of AEYE opened at $6.99 on Thursday. Audioeye has a 1 year low of $3.13 and a 1 year high of $10.24.

Institutional investors and hedge funds have recently modified their holdings of the business. TCI Wealth Advisors Inc. bought a new stake in shares of Audioeye during the 3rd quarter valued at $238,000. Manatuck Hill Partners LLC bought a new stake in shares of Audioeye during the 3rd quarter valued at $360,000. Finally, B. Riley Financial Inc. bought a new stake in shares of Audioeye during the 3rd quarter valued at $2,117,000.

About Audioeye

AudioEye, Inc provides Web accessibility solutions to Internet, print, broadcast, and other media to people regardless of their network connection, device, location, or disabilities in the United States. The company develops patented Internet content publication and distribution software that enables conversion of media into accessible formats, as well as allows for real time distribution on various Internet connected devices.

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