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Bank Of America: RingCentral's Partnership With Avaya Off To Strong Start
Monday, December 9, 2019 - 4:04pm | 349RingCentral Inc (NYSE: RNG) announced in October a strategic partnership with Avaya Holdings Corp (NYSE: AVYA) to introduce Avaya Cloud Office by RingCentral ("ACO") and early checks by BofA point to a positive start. The Analyst Bank of America analyst Nikolay Beliov maintains a Buy...
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ADT Faces Competitive Threat From DIY Products, Morgan Stanley Says In Downgrade
Monday, May 13, 2019 - 12:42pm | 415The bullish case for security provider ADT Inc (NYSE: ADT) can no longer be justified, as homeowners are just as likely to buy a do-it-yourself system as they are an ADT product, according to Morgan Stanley. The Analyst Morgan Stanley's Toni Kaplan downgraded ADT from Overweight to Equal-...
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Imperial Capital Out Bullish On Arlo Technologies After Spinoff From NetGear
Tuesday, August 28, 2018 - 10:52am | 520Security camera company Arlo Technologies, Inc. (NYSE: ARLO)'s shares have been on the rise since its initial public offering earlier this month. The Analysts Imperial Capital analyst Saliq Khan initiated coverage of Arlo Technologies with an Outperform rating and $39 price target....
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Alarm.com Downgraded On Valuation By Imperial Capital
Friday, August 24, 2018 - 9:58am | 451The bullish case for AlarmCom Hldg Inc (NASDAQ: ALRM) has come to an end despite a widening competitive moat with underappreciated revenue opportunities, according to Imperial Capital. The Analyst Imperial Capital's Jeff Kessler downgraded Alarm Holdings from Outperform to In-Line ...
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William Blair: Could Amazon's Ring Acquisition Create A Smart Home Alarms Race?
Wednesday, February 28, 2018 - 4:09pm | 545AlarmCom Hldg Inc (NASDAQ: ALRM) reported 27-percent revenue growth and a strong increase in non-GAAP earnings per share from 19 cents to 26 cents after the close Tuesday. SaaS and license revenue climbed 39 percent to $65.2 million. Notwithstanding the good fourth-quarter results, one analyst...
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Alarm.com: 4 Reasons Why Imperial Capital Turned Bullish
Friday, February 16, 2018 - 10:21am | 374AlarmCom Hldg Inc (NASDAQ: ALRM), a cloud-based security provider, is scheduled to report its fourth-quarter results on Feb. 27. The Analyst Imperial Capital's Jeff Kessler upgraded Alarm.com Holdings' stock rating from In-Line to Outperform with an unchanged $45 price target. The...
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Morgan Stanley, Goldman Sachs Bullish On ADT As Security Firm's Quiet Period Expires
Tuesday, February 13, 2018 - 12:10pm | 938ADT Inc (NYSE: ADT), the largest home security company, priced its January 2018 IPO at $14 per share — below the expected range of $17 to $19. On Tuesday, multiple Wall Street firms weighed in on the stock for the first time after the expiration of the quiet period. The Analysts Morgan...
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Google's Nest Is Working On A New Line Of Cheaper Products
Wednesday, March 8, 2017 - 11:05am | 317Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)'s Nest unit is working on a new line of cheaper thermostats and home security products, according to a Bloomberg report. Bloomberg, citing a source familiar with the matter, noted that Nest, a "smart" home automation company acquired by Alphabet (then...