Allot Communications (NASDAQ:ALLT) was downgraded by stock analysts at BidaskClub from a “hold” rating to a “sell” rating in a report released on Thursday.
Separately, ValuEngine cut shares of Allot Communications from a “hold” rating to a “sell” rating in a report on Thursday, October 5th. Three research analysts have rated the stock with a sell rating and two have given a hold rating to the stock. The stock currently has an average rating of “Sell” and an average target price of $5.00.
Shares of Allot Communications (NASDAQ:ALLT) traded up $0.02 during trading hours on Thursday, hitting $5.27. 29,300 shares of the company’s stock were exchanged, compared to its average volume of 60,272. Allot Communications has a 52 week low of $4.54 and a 52 week high of $6.09.
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Allot Communications Company Profile
Allot Communications Ltd. (Allot) is a global provider of security and monetization solutions that enable mobile, fixed and enterprise service providers to protect and personalize the digital experience. The Company has a global and diverse customer base composed of mobile and fixed broadband service providers, cable operators, private networks, data centers, governments and enterprises, such as financial and educational institutions.
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