Information Provided By:
Fly News Breaks for May 10, 2019
ALRM
May 10, 2019 | 05:11 EDT
First Analysis analyst Howard Smith downgraded Alarm.com to Outperform from Strong Buy while raising his price target for the shares to $75 from $70. The recent rally in the shares creates a valuation more reflective of the company's "outstanding execution and ongoing momentum," Smith tells investors in a research note. However, he continues to believe Alarm.com's long-term position in the wireless interactive security market is "compelling" with "multiple tangential growth drivers."
News For ALRM From the Last 2 Days
There are no results for your query ALRM