Napco Security price target raised to $24 from $20 at B. Riley

B. Riley raised the firm’s price target on Napco Security to $24 from $20 and keeps a Neutral rating on the shares. Napco’s Q1 results beat on the bottom line and were in line on the top line, and while the slowdown in alarm sales should continue in 1H, it should reverse in 2H, the analyst tells investors in a research note.