Tag: William Blair
Activist Ackman eyeing ADT?
July 10, 2013Martha Entwistle
Is the activist hedge fund chief William Ackman planning to buy a significant stake in ADT? There's been some speculations that that's the case, and as a result ADT's stock price was way up yesterday. It rose 5.2 percent, its largest gain in months.
Ackman runs $12 billion Pershing Square Capital Management. According to a Bloomberg report, Ackman is raising money over the next 10 days to buy a stake in an unnamed “large-capitalization, investment-grade U.S. corporation that principally operates...
Analysts raise price target on shares of ADT
February 4, 2013SSN Staff
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...