Citi analyst Peter Christiansen lowered the firm’s price target on ADT Inc. to $9 from $11 and keeps a Buy rating on the shares post the Q1 results. The stock sold off on market-related and integration issues with ADT Solar, the analyst tells investors in a research note. The firm sees a "compelling" risk/reward at current share levels but says investors investors need patience.
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Published first on TheFly
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