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Fly News Breaks for September 18, 2018
ALRM
Sep 18, 2018 | 08:01 EDT
Maxim analyst Nehal Chokshi raised his price target on Alarm.com to $69 and kept his Buy rating, citing his "deeper dive" analysis of property management PointCentral and demand response EnergyHub business units. The analyst expects these divisions to become a "material" component of the company's overall business, adding that its the international segment of Alarm.com should also become a "material driver of subscriber add outperformance".
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