Audiocodes Ltd (AUDC) Tops Q3 EPS by 7c

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AudioCodes (AUDC) PT Raised to $13 at Needham & Company

October 24, 2018 8:07 AM EDT

Needham & Company analyst Richard Valera raised the price target on AudioCodes (NASDAQ: AUDC) to $13.00 (from $10.00) while maintaining a Buy rating.

Valera commented, "AUDC reported 3Q18 results solidly ahead of consensus driven by strong outperformance in its UC SIP business,... More