Analysts raise price target on shares of ADT

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Monday, February 4, 2013

NEW YORK—Several analysts boosted the price target on shares of ADT last week, according to an article by dailypolitical.com.

Barclay’s Capital boosted the target price from $45 to $47, according to the report. Imperial Capital analysts raised their price target from $48 to $53 on Tuesday and assigned an “outperform” rating on the stock.

Analysts at Credit Suisse, in a note to investors last Monday, reiterated an “outperform” rating on shares of ADT while boosting their target price from $50 to $54. Analysts at William Blair, who also gave the stock an “outperform” rating, set a $57 price target on the shares.

ADT has a 52-week low of $35.38 and a 52-week high of $49.10, according to the article. The stock’s 50-day moving average is currently $46.42.