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Alarum price target lowered to $11 from $25 at Canaccord

Alarum price target lowered to $11 from $25 at Canaccord

Canaccord analyst Kingsley Crane lowered the firm’s price target on Alarum (ALAR) to $11 from $25 and keeps a Buy rating on the shares. The firm said they reported less than stellar Q4 results but was within the guided ranges as customers on the whole continue to buy more cautiously as they evaluate their data collection needs in a dynamic environment.

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