Morgan Stanley analyst Toni Kaplan raised the firm’s price target on ADT Inc. (ADT) to $9.50 from $9 and keeps an Equal Weight rating on the shares. The company reported strong revenue and free cash flow in Q2, the analyst tells investors in a research note.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ADT: