JP Morgan Maintains Neutral on Alarm.com Holdings, Raises Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Sterling Auty has maintained a Neutral rating on Alarm.com Holdings (NASDAQ:ALRM) and increased the price target from $55 to $62.

January 12, 2024 | 1:04 pm
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JP Morgan has maintained a Neutral rating on Alarm.com Holdings and raised the price target from $55 to $62.
The increase in price target by JP Morgan suggests a positive outlook on the company's future performance, which could lead to a short-term increase in the stock price. However, the Neutral rating indicates that the analyst does not see significant upside or downside potential from the current stock price level.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100