Audiocodes Ltd (AUDC) Reports In-Line Q4 EPS

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AudioCodes (AUDC) PT Raised to $8 at Needham & Company

January 31, 2017 3:18 PM EST

Needham & Company raised its price target on AudioCodes (NASDAQ: AUDC) to $8.00 (from $6.00) while maintaining a Buy rating following solid results.

Analyst Richard Valera commented, "AUDC reported solid 4Q16 results and provided initial 2017 guidance ~in line w/consensus, but we think with some... More