Goldman Sachs Initiates Coverage On Alarm.com Holdings with Neutral Rating, Announces Price Target of $64
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs has initiated coverage on Alarm.com Holdings with a Neutral rating and set a price target of $64.
September 06, 2024 | 11:44 am
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NEUTRAL IMPACT
Goldman Sachs has initiated coverage on Alarm.com Holdings with a Neutral rating and a price target of $64, indicating a balanced view on the stock's potential.
The Neutral rating suggests that Goldman Sachs does not foresee significant upside or downside in the short term for ALRM. The price target of $64 provides a benchmark for investors, indicating that the stock is fairly valued at current levels.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100