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Fly News Breaks for October 1, 2018
ADT
Oct 1, 2018 | 16:32 EDT
Deutsche Bank analyst Ashish Sabadra started ADT Inc. with a Hold rating and $10.50 price target. The analyst says he will continue to monitor competition in the home security as ADT competes with Amazon Ring and has also partnered with Alexa Guard. He views the current valuation as inexpensive but cites competitive headwinds for his Hold rating.
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