Oppenheimer Comments on Allot Communications
Oppenheimer provided color on Allot Communications (NASDAQ: ALLT) in a research report published today. Oppenheimer has an Outperform rating and $20 price target on the company.
In the report, Oppenheimer states, "We're encouraged by Allot's expanding opportunities in the US and the wireline segment, and expect its strong growth to continue. We have raised our estimates and remain buyers of the Outperform-rated shares."
Shares of Allot Communications closed today at $17.13, down 4.62% from Monday's market close.
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