Allot Communications Reaches Analyst Target Price
September 20, 2016 at 09:28 AM EDT
In recent trading, shares of Allot Communications Ltd (ALLT) have crossed above the average analyst 12-month target price of $5.12, changing hands for $5.16/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..