Roth MKM Maintains Buy on Alarm.com Holdings, Lowers Price Target to $73
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Darren Aftahi maintains a Buy rating on Alarm.com Holdings (NASDAQ:ALRM) but lowers the price target from $78 to $73.
October 09, 2024 | 1:10 pm
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Roth MKM's analyst Darren Aftahi continues to recommend buying Alarm.com Holdings, but has adjusted the price target downwards from $78 to $73, indicating a slightly less optimistic outlook.
The maintained Buy rating suggests continued confidence in Alarm.com's performance, but the lowered price target reflects a tempered outlook, possibly due to market conditions or company-specific factors. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100