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Fly News Breaks for March 16, 2018
ADT
Mar 16, 2018 | 06:03 EDT
Deutsche Bank analyst Kevin McVeigh recommends using the pullback yesterday in shares of ADT Inc. as a buying opportunity. The stock is in a bottoming phase and will re-rate higher as the market discounts 2018 guidance suggesting improved attrition and continued execution on internal measures, McVeigh tells investors in a research note following the company's Q4 results. He keeps a Buy rating on the shares with a $17 price target.