Allot Communications (ALLT) Tops Q4 EPS by 2c, Revenues Beat; Offers FY19 Revenue Guidance Above Consensus

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Go back to Allot Communications (ALLT) Tops Q4 EPS by 2c, Revenues Beat; Offers FY19 Revenue Guidance Above Consensus

Allot Communications (ALLT) PT Raised to $9.50 at Needham & Company

February 6, 2019 7:47 AM EST

Needham & Company analyst Alex Henderson raised the price target on Allot Communications (NASDAQ: ALLT) to $9.50 (from $7.50) while maintaining a Buy rating.

The analyst commented, "The Allot Security enablement business is offering enticing growth potential. Allot is increasingly quantifying the upside and making our numbers look... More