Deutsche Bank Cites Positive Checks on Acme Packet's (APKT) Tier-1 VoIP Opportunity
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Price: $29.24 --0%
Rating Summary:
3 Buy, 15 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
3 Buy, 15 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Deutsche Bank made positive comments on Acme Packet (NASDAQ: APKT) Thursday, saying checks show positive Tier-1 VoIP opportunity.
The firm said their latest round of checks significantly improved their conviction on the Tier-1 VoIP Platform deal consummation for Acme in Q4. Further checks shows meaningful upside to Acme's runrate SBC business in Q4, especially from large enterprise SBC deal closures.
The SBC pricing and competitive environment remains benign, with no meaningful near-term share gains from Acme's competitors like Alcatel (NYSE: ALU), Lucent, Genband, Sonus (Nasdaq: SONS), Cisco (Nasdaq: CSCO).
For more ratings news on Acme Packet click here and for the rating history of Acme Packet click here.
Shares of Acme Packet closed at $29.55 yesterday.
The firm said their latest round of checks significantly improved their conviction on the Tier-1 VoIP Platform deal consummation for Acme in Q4. Further checks shows meaningful upside to Acme's runrate SBC business in Q4, especially from large enterprise SBC deal closures.
The SBC pricing and competitive environment remains benign, with no meaningful near-term share gains from Acme's competitors like Alcatel (NYSE: ALU), Lucent, Genband, Sonus (Nasdaq: SONS), Cisco (Nasdaq: CSCO).
For more ratings news on Acme Packet click here and for the rating history of Acme Packet click here.
Shares of Acme Packet closed at $29.55 yesterday.
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