Needham Maintains Buy on Allot, Lowers Price Target to $4
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Alex Henderson has maintained a 'Buy' rating on Allot (NASDAQ:ALLT) but lowered the price target from $4.5 to $4.
July 18, 2023 | 8:08 am
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Needham analyst has maintained a 'Buy' rating on Allot but lowered the price target from $4.5 to $4.
The news is directly related to Allot and is likely to influence investor sentiment. While the 'Buy' rating is maintained, the lowered price target might indicate a potential downside, leading to mixed reactions in the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100