Wunderlich Securities Maintains Buy Rating and $21 PT on Allot Communications

A report from Wunderlich Securities reiterates its Buy rating and $21 price target on Allot Communications (NASDAQ: ALLT).

The report states, “Allot (ALLT) is scheduled to report 3Q11 Tuesday pre-market. We expect strong growth and outlook for sequential revenue acceleration. Demand for Allot products stems from both of the factors that we believe will distinguish innovative companies during the current period of low growth in the broader economy: the ability to deliver rapid return on investment and enhance new service provider offerings."

ALLT closed yesterday at $13.20.