Barclays Maintains Underweight on ADT, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Manav Patnaik maintains an Underweight rating on ADT (NYSE:ADT) and lowers the price target from $8 to $7.
March 22, 2024 | 10:39 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Barclays maintains an Underweight rating on ADT and lowers the price target from $8 to $7.
The reduction in price target by Barclays, accompanied by an Underweight rating, suggests a bearish outlook on ADT's stock in the short term. This could lead to negative sentiment among investors, potentially causing a decrease in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100