Stock analysts at Morgan Stanley assumed coverage on shares of ADT (NYSE:ADT) in a research note issued to investors on Tuesday, MarketBeat Ratings reports. The firm set an “overweight” rating and a $18.00 price target on the health services provider’s stock. Morgan Stanley’s price target suggests a potential upside of 50.75% from the company’s previous close.

ADT has been the topic of several other reports. Bank of America initiated coverage on ADT in a research note on Tuesday. They set a “buy” rating and a $16.00 price objective on the stock. Royal Bank of Canada initiated coverage on ADT in a research note on Tuesday. They set an “outperform” rating and a $16.00 price objective on the stock. Imperial Capital initiated coverage on ADT in a research note on Tuesday. They set an “outperform” rating and a $15.00 price objective on the stock. Credit Suisse Group initiated coverage on ADT in a research note on Tuesday. They set a “neutral” rating and a $14.00 price objective on the stock. Finally, Citigroup initiated coverage on ADT in a research note on Tuesday. They set a “buy” rating and a $16.00 price objective on the stock. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. ADT currently has a consensus rating of “Buy” and a consensus target price of $16.25.

Shares of ADT (ADT) opened at $11.94 on Tuesday. ADT has a 52 week low of $11.12 and a 52 week high of $13.02.

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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.

Analyst Recommendations for ADT (NYSE:ADT)

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