Canaccord raised the firm’s price target on Alarum (ALAR) to $22 from $15 and keeps a Buy rating on the shares. The firm said they are generally constructive on demand trends heading into earnings and the read-through from others hwo have reported are that consumption within AI-natives grew considerably during C2Q, even while some of the largest spenders in the space eye optimization efforts over time. This dynamic stands to benefit Alarum in Q2.
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