Jefferies lowered the firm’s price target on Alarm.com (ALRM) to $68 from $78 and keeps a Hold rating on the shares. The firm updated models in the software sector.
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Read More on ALRM:
- Alarm.com Earnings Call: Strong Growth Amid Challenges
- Alarm.com price target lowered to $80 from $85 at Raymond James
- Balanced Outlook for Alarm: Strong SaaS Growth Amidst Hardware Challenges and Cost Pressures
- Alarm.com Reports Strong Q1 2025 Results
- Alarm.com reports Q1 adjusted EPS 54c, consensus 48c