Northland Capital Markets Downgrades Allot to Market Perform, Lowers Price Target to $3
Portfolio Pulse from Benzinga Newsdesk
Northland Capital Markets analyst Nehal Chokshi has downgraded Allot (NASDAQ:ALLT) from Outperform to Market Perform and lowered the price target from $8 to $3.

September 01, 2023 | 1:39 pm
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Allot's rating has been downgraded from Outperform to Market Perform by Northland Capital Markets, with a reduced price target from $8 to $3.
The downgrade from Outperform to Market Perform and the significant reduction in price target from $8 to $3 by Northland Capital Markets is likely to negatively impact investor sentiment towards Allot, potentially leading to a decrease in its stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100