B. Riley Downgrades NAPCO Security Technologies to Neutral From Buy, Revises Estimates Downwards to Reflect Possible Alarm, Service Sales Slowdown; Cuts PT to $24 From $38
Published on 08/21/2023
at 07:51 am EDT - Modified on 08/21/2023
at 07:52 am EDT
Napco Security Technologies, Inc. is a manufacturer and designer of high-tech electronic security devices, cellular communication services for intrusion and fire alarm systems, as well as a provider of school safety solutions. It offers a diversified array of security products, encompassing access control systems, door-locking products, intrusion and fire alarm systems and video surveillance products. These products are used for commercial, residential, institutional, industrial and governmental applications, and are sold to independent distributors, dealers and installers of security equipment. It manufactures and markets various products for alarm systems, including automatic communicators, cellular communication devices, control panels, combination control panels/digital communicators and digital keypad systems, fire alarm control panel and area detectors. Its video surveillance systems typically consist of one or more video cameras, a control panel and a video monitor or PC.
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ESG MSCI
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B. Riley Downgrades NAPCO Security Technologies to Neutral From Buy, Revises Estimates Downwards to Reflect Possible Alarm, Service Sales Slowdown; Cuts PT to $24 From $38