DA Davidson raised the firm’s price target on Napco Security (NSSC) to $45 from $33 and keeps a Buy rating on the shares after its Q4 results. The firm is positive on the company’s RSR – recurring service revenue – upside and what it believes to be effectively the end of multi-quarter destocking at its largest distributors, the analyst tells investors in a research note. Demand appears healthy, with tariff and annual price increases contributing to Equipment sales in Q1 of FY26, the firm added.
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