Barclays Downgrades Allot Communications To Underweight

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Analysts at Barclays downgraded
Allot Communications LtdALLT
from Equal-weight to Underweight. The price target for Allot Communications has been lowered from $11.00 to $9.00. Allot Communications shares have dropped 36.25 percent over the past 52 weeks, while the S&P 500 index has surged 11.25 percent in the same period. Allot Communications' shares fell 8.13 percent to close at $8.02 yesterday.
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Posted In: DowngradesAnalyst RatingsBarclays
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