Needham Reiterates Buy on Allot, Maintains $4 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Alex Henderson has reiterated a 'Buy' rating on Allot (NASDAQ:ALLT) and maintained a price target of $4.
September 01, 2023 | 8:07 am
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Needham analyst Alex Henderson has reiterated a 'Buy' rating on Allot, maintaining a price target of $4.
The reiteration of a 'Buy' rating by a Needham analyst indicates a positive outlook for Allot. The maintained price target of $4 suggests that the analyst believes the stock is undervalued at current prices, which could lead to an increase in the stock's price in the short term.
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