Tag: Barron’s
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ADT shares predicted to rise 20 percent
February 27, 2013Tess Nacelewicz
An article in Barron's has the financial media world abuzz because it predicts shares of The ADT Corp. “could climb by more than 20 percent over the next year.”
The article in the latest edition of the weekly financial newspaper owned by Dow Jones cites the push into home automation by the publicly traded ADT, which spun off from Tyco in September. ADT Pulse, introduced in 2010, is the driver of much of ADT's growth, the article said.
Barron's also indirectly suggests ADT could buy a...
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