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Arlo Technologies Soars 10.07% on Bullish Analyst Ratings

Mover TrackerThursday, May 1, 2025 4:19 am ET
1min read

On May 1, 2025, arlo technologies surged 10.07% in pre-market trading, reflecting a significant uptick in investor interest and confidence in the company's future prospects.

Analysts from lake Street highlighted Arlo Technologies' robust performance, maintaining a price target of $17. This optimistic outlook is underpinned by the company's growth potential and strategic initiatives, which have garnered positive attention from the investment community.

Craig Hallum also increased their price objective on Arlo Technologies from $15.00 to $17.00, reiterating a "buy" rating. This move underscores the growing consensus among analysts that Arlo Technologies is poised for further growth.

Additionally, BWS Financial reissued a "buy" rating and set a $24.00 price objective on shares of Arlo Technologies, further bolstering the bullish sentiment surrounding the company.

Investors are also closely monitoring the options market, where recent activity suggests potential volatility in Arlo Technologies' stock. This heightened interest in the options market could indicate that traders are anticipating significant price movements in the near future.

Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.