Cantor Fitzgerald Cuts PT on Acme Packet (APKT) to $12; Maintains Buy
More News related to APKT
- Cantor Fitzgerald Downgrades Acme Packet (APKT) to Hold
- Acme Packet (APKT) Appoints Peter Minihane as CFO and Treasurer
- Acme Packet Appoints Peter Minihane as Chief Financial Officer and Treasurer
- Acme Packet to Present at Deutsche Bank 2008 Technology Conference
- Acme Packet Nets Four New Customers in Canada
More News related to Analyst Comments
- Complimentary Webinar: Deliver Highest Quality Care While Meeting Pay-For-Performance Challenges
- This 2008 U.S. Jewelry Stores Industry Report Contains Timely and Accurate Industry Statistics, Forecasts and Demographics
- Franklin Covey Announces Final Results of Tender Offer
- Media Advisory/REMINDER: Human Resources and Social Development Canada
- Leading Industry Analyst Firm Recognises Dimension Data - Dimension Data Positioned in the Challengers Quadrant for Managed and Professional Network Services, Worldwide
Cantor Fitzgerald lowers its price target on Acme Packet (Nasdaq: APKT) from $14 to $12 and maintains its Buy rating.
The firm said its lowered price target on Acme Packet represents a reduction in its target multiple, from 25x to 20x, reflecting current market realities.
Acme Packet, Inc. provides session border controllers (SBC) that enable service providers to deliver interactive communications voice, video, and multimedia sessions across Internet protocol (IP) network borders. [BCS]
Related Categories
Analyst CommentsStocks Mentioned
+0.00Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
