Form 8-K ADT Inc. For: Sep 05

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RBC Capital Pleased with ADT State Farm/Google Investment, PT $9 (GOOG) (GOOGL) (ADT)

September 6, 2022 12:33 PM EDT

RBC 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