Barclays Lowers Alarm.com (ALRM) Price Target to $50 from $56 Post Earnings
We recently published an article titled 13 Best Internet of Things (IoT) Stocks to Buy Now. On February 20, Alarm.com Holdings, Inc. (NASDAQ:ALRM) saw Barclays analyst Saket Kalia reduce the firm’s price target to 56 while maintaining an Equal Weight rating following the company’s fourth-quarter earnings report and updated financial model. On February 18, JPMorgan lowered its price target on Alarm.com Holdings, Inc. (NASDAQ:ALRM) to 55 and maintained an Underweight rating, citing bro ...