In a report released today, Alex Henderson from Needham reiterated a Buy rating on Allot (ALLT – Research Report), with a price target of $7.00. The company's shares closed last Tuesday at $4.90, close to its 52-week low of $4.70. According to TipRanks.com, Henderson is a 5-star analyst with an average return of 17.9% and a 53.2% success rate. Henderson covers the Technology sector, focusing on stocks such as SailPoint Technologies Holdings, CrowdStrike Holdings, and CyberArk Software. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Allot with a $6.00 average price target.
https://www.tipranks.com/news/blurbs/needham-thinks-allots-stock-is-going-to-recover-2?utm_source=advfn.com&utm_medium=referral
Allot (NASDAQ:ALLT)
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