Wunderlich Securities Upgrades Allot Communications (ALLT) to Buy

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Wedbush Upgrades Allot Communications (ALLT) to Outperform

June 26, 2013 7:12 AM EDT

Wedbush upgraded Allot Communications (NASDAQ: ALLT) from Neutral to Outperform with a price target of $17.00 (from $15.00).

Analyst Sanjit Singh said "Our upgrade is based on signs that bookings, most notably Europe but also in North America, appear to be improving; valuation appears... More