Roth MKM Maintains Buy on Alarm.com Holdings, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Darren Aftahi has reaffirmed a Buy rating on Alarm.com Holdings (NASDAQ:ALRM) and increased the price target from $67 to $70.
January 03, 2024 | 2:17 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Roth MKM analyst Darren Aftahi maintains a Buy rating on Alarm.com Holdings and raises the price target from $67 to $70, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals confidence in the company's future performance and can lead to increased investor interest and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100