Investors bought shares of ADT Inc (NYSE:ADT) on weakness during trading hours on Wednesday. $26.54 million flowed into the stock on the tick-up and $8.63 million flowed out of the stock on the tick-down, for a money net flow of $17.91 million into the stock. Of all stocks tracked, ADT had the 16th highest net in-flow for the day. ADT traded down ($0.21) for the day and closed at $11.94

ADT has been the topic of several recent analyst reports. Bank of America initiated coverage on shares of ADT in a report on Tuesday. They set a “buy” rating and a $16.00 price objective on the stock. Deutsche Bank initiated coverage on shares of ADT in a report on Tuesday. They set a “buy” rating and a $16.00 price objective on the stock. Citigroup initiated coverage on shares of ADT in a report on Tuesday. They set a “buy” rating and a $16.00 price objective on the stock. Goldman Sachs Group initiated coverage on shares of ADT in a report on Tuesday. They set a “buy” rating and a $19.00 price objective on the stock. Finally, Credit Suisse Group initiated coverage on shares of ADT in a report on Tuesday. They set a “neutral” rating and a $14.00 price objective on the stock. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. ADT currently has an average rating of “Buy” and an average target price of $16.25.

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About ADT

ADT Inc is a provider of monitored security, interactive home and business automation and related monitoring services in the United States and Canada. The Company offers a range of products home security systems, home automation, security cameras, fire, home and safety, and monitoring services. It also offers residential, commercial, and multi-site customers a comprehensive set of burglary, video, access control, fire and smoke alarm, and medical alert solutions.

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