Analysts raise price target on shares of ADT
By SSN Staff
Updated Mon 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.
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