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Fly News Breaks for August 8, 2018
ALRM
Aug 8, 2018 | 08:33 EDT
Credit Suisse analyst Brad Zelnick raised his price target for Alarm.com to $57 from $52 after the company delivered "solid" Q2 results, with revenue, adjusted EBITDA and EPS above consensus, led, once again, by better than expected Hardware growth, with SaaS/license outperforming as well. The analyst reiterates an Outperform rating on the shares.
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