AudioEye initiated with a Buy at Needham

Needham analyst Joshua Reilly initiated coverage of AudioEye (AEYE) with a Buy rating and $25 price target The firm views AudioEye as the market leading platform for managing digital accessibility, saying it continues to make progress incorporating artificial intelligence to drive efficiency across the platform. By addressing small business to enterprise customer needs, the company is well positioned to benefit from recent trends in legislation and litigation, the analyst tells investors in a research note.