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Alarum price target lowered to $13 from $23 at Alliance Global Partners

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Alliance Global Partners analyst Brian Kinstlinger lowered the firm’s price target on Alarum (ALAR) to $ 13 from $ 23 and keeps a Buy rating on the shares.

Company's Q4 revenue of $7.4M and adjusted EBITDA of $ 1.5 M were in-line with its estimates.