ADT secures more than $1.5 billion investment from State Farm, Google
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Qtrex Quantum executives plan to buy up to 2M shares over 12 months
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
RBC Capital Pleased with ADT State Farm/Google Investment, PT $9 (GOOG) (GOOGL) (ADT)
September 6, 2022 12:33 PM EDTRBC Capital analyst Ashish Sabadra reiterated an Outperform rating and $9.00 price target on ADT (NYSE: ADT).
The analyst comments "This morning, ADT announced State Farm will invest $1.2bn in ADT and commit up to $300mm, along with Google separately committing $150mm (incremental to its... More
ADT Corp. (ADT) Secures Over $1.5 Billion in New Investments From State Farm and Google
September 6, 2022 11:06 AM EDTADT Corp. (NYSE: ADT), the smart home and small business security firm, announced Tuesday that it has secured investments totaling $1.5 billion from both State Farm and Google.
State Farm will make a $1.2 billion equity investment in ADT, resulting in it owning... More
