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Fly News Breaks for February 13, 2018
ADT
Feb 13, 2018 | 07:44 EDT
Morgan Stanley analyst Toni Kaplan started ADT Inc. with an Overweight rating and $18 price target, given expectations for steady operating growth and accelerating cash flow. ADT trades at a "very compelling" valuation despite being the largest player in the "growing, recession-resilient" home security industry, said Kaplan.
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