Needham & Company Defends Allot Communications (ALLT) Following Competitor Downgrade

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/18/2026

1. VRNS
2. JBHT
3. CRWV
4. TSLA
5. SCHW
6. GPRK
7. TFC
8. TRV
9. USB
10. SPY

Go back to Needham & Company Defends Allot Communications (ALLT) Following Competitor Downgrade

BofA/Merrill Lynch Downgrades Allot Communications (ALLT) Two-Nothces to Underperform on Weakening Fundamentals

December 10, 2014 6:46 AM EST

BofA/Merrill Lynch downgraded Allot Communications (NASDAQ: ALLT) from Buy to Underperform with a price target of $10.50 (from $17.00).

Analyst Tal Liani said they have concerns over Allots key fundamentals, weak carrier spending, uncertainty surrounding Title 2 reform in the US and recent management... More