Fly News Breaks for May 11, 2017
ALRM, CTRL
May 11, 2017 | 08:27 EDT
Maxim analyst Nehal Chokshi initiated Control4 (CTRL) with a Hold rating and $19 price target. His proprietary dealer checks indicate Control4 should continue to gain share in the professionally installed "entertainment first" smart home market, but he thinks its significant discount to smart home peer Alarm.com (ALRM) is warranted given its smaller addressable market, lower growth and worse earnings visibility.
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