Alliance Global lowered the firm’s price target on Alarum (ALAR) to $16 from $20 and keeps a Buy rating on the shares following the Q4 report. The company’s demand will continue to be volatile as many large enterprises are in the development stages of building their large language models and data refreshes are difficult to predict, the analyst tells investors in a research note.
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Read More on ALAR:
- Alarum price target lowered to $14 from $27 at Canaccord
- Alarum Technologies Posts 60% Q4 Revenue Surge as AI Workloads Drive 2025 Transformation
- Alarum sees Q1 revenue $11.0M vs. $7.13M in 1Q last year
- Alarum reports Q4 non-IFRS EPS 15c vs. 20c last year
- ALAR Upcoming Earnings Report: What to Expect?
