Roth MKM Maintains Buy on Arlo Technologies, Raises Price Target to $16.5
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Scott Searle has maintained a Buy rating on Arlo Technologies (ARLO) and increased the price target from $13.75 to $16.5.
May 10, 2024 | 2:27 pm
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Roth MKM analyst Scott Searle reaffirmed a Buy rating on Arlo Technologies and raised the price target to $16.5, indicating a positive outlook.
The increase in price target by a reputable analyst suggests a strong confidence in Arlo Technologies' future performance. Such endorsements typically lead to positive short-term price movements as they reflect expectations of strong financial health and growth prospects.
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IMPORTANCE 90
RELEVANCE 100