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Alarum price target lowered to $16 from $20 at Alliance Global

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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