Barclays Maintains Equal-Weight on Alarm.com Holdings, Raises Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Saket Kalia has maintained an Equal-Weight rating on Alarm.com Holdings (NASDAQ:ALRM) and increased the price target from $62 to $66.
January 04, 2024 | 1:25 pm
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Barclays has maintained an Equal-Weight rating on Alarm.com Holdings and raised the price target from $62 to $66, indicating a positive outlook on the stock.
The increase in price target by Barclays reflects a positive adjustment in the valuation of Alarm.com Holdings, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100