In this edition of Bolan’s Blowouts Brian Bolan takes a look at ALRM which reported a beat and raise quarter last evening. Brian speaks to the analysts and the potential for future upgrades, but notes that Goldman Sachs has increased their price target to $34 from $31. In after hours trading last night, Brian saw the stock trading around $33.75, but the high for the day so far is only $33. The meager gain of around 3% looks to be a great buying opportunity. Horizon Global is the stock that is getting blown off the books as it is down 21% over the last few sessions. The company missed pretty badly and earnings estimates have plunged.
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Horizon Global Corporation (HZN): Free Stock Analysis Report
Alarm.com Holdings, Inc. (ALRM): Free Stock Analysis Report
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