Jul. 1 at 5:52 PM
$REZI Seaport Global initiates coverage on Resideo Technologies (REZI.US) with a Buy rating and a target price of
$55, representing approximately 78% upside from the recent share price of around
$30. The company is optimistic about the growth potential of Resideo's smart home thermostats, security products, and Analog Devices (ADI) distribution business.