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Arlo Technologies (ARLO) PT Lowered to $20 at Deutsche Bank Following Shipping Delays and Guidance Updates

December 4, 2018 7:17 AM EST

Deutsche Bank analyst Jeffrey Rand lowered the price target on Arlo Technologies (NYSE: ARLO) to $20.00 (from $28.00) while maintaining a Buy rating following the company's announced delay in shipment of new Arlo Ultra camera's. The delay until January of 2019 is due to issues with... More