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Adt (ADT) Receives a Hold from Barclays

Tipranks - Tipranks - Wed Mar 4, 3:50AM CST

In a report released today, Manav Patnaik from Barclays maintained a Hold rating on Adt, with a price target of $9.00.

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According to TipRanks, Patnaik is a 4-star analyst with an average return of 6.5% and a 57.95% success rate. Patnaik covers the Industrials sector, focusing on stocks such as Cintas, Mcgrath Rentcorp, and Verisk Analytics.

In addition to Barclays, Adt also received a Hold from TipRanks – Anthropic’s Anthropic Security and Protection Services in a report issued yesterday. However, on the same day, TipRanks – Google reiterated a Buy rating on Adt (NYSE: ADT).

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Based on Adt’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.28 billion and a net profit of $145 million. In comparison, last year the company earned a revenue of $1.26 billion and had a net profit of $190 million

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