ADT (ADT) Now Covered by Morgan Stanley

Equities research analysts at Morgan Stanley assumed coverage on shares of ADT (NYSE:ADT) in a report released on Tuesday. The brokerage set an “overweight” rating and a $18.00 price target on the health services provider’s stock. Morgan Stanley’s price target points to a potential upside of 50.75% from the company’s previous close.

Other equities research analysts also recently issued reports about the company. Goldman Sachs Group assumed coverage on ADT in a research report on Tuesday. They issued a “buy” rating and a $19.00 target price on the stock. Deutsche Bank assumed coverage on ADT in a research report on Tuesday. They issued a “buy” rating and a $16.00 target price on the stock. Citigroup assumed coverage on ADT in a research report on Tuesday. They issued a “buy” rating and a $16.00 target price on the stock. Credit Suisse Group assumed coverage on ADT in a research report on Tuesday. They issued a “neutral” rating and a $14.00 target price on the stock. Finally, Imperial Capital assumed coverage on ADT in a research report on Tuesday. They issued an “outperform” rating and a $15.00 target price on the stock. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $16.25.

Shares of ADT (NYSE:ADT) opened at $11.94 on Tuesday. ADT has a 52-week low of $11.12 and a 52-week high of $13.02.

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ADT Company Profile

ADT Inc is a provider of monitored security, interactive home and business automation and related monitoring services in the United States and Canada. The Company offers a range of products home security systems, home automation, security cameras, fire, home and safety, and monitoring services. It also offers residential, commercial, and multi-site customers a comprehensive set of burglary, video, access control, fire and smoke alarm, and medical alert solutions.

Analyst Recommendations for ADT (NYSE:ADT)

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