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Fly News Breaks for March 1, 2019
ALRM
Mar 1, 2019 | 05:23 EDT
Jefferies analyst John DiFucci raised his price target for Alarm.com to $71 saying the company in Q4 exceeded estimates on all metrics. However, its 2019 subscription guidance was below Street estimates and implies a slowdown, DiFucci tells investors in a research note. He notes the Alarm.com tends to guide "prudently" and keeps a Buy rating on the shares.
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