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Heartland Advisors Inc. boosted its position in shares of AudioCodes Ltd. (NASDAQ:AUDC – Get Rating) by 6.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 352,000 shares of the communications equipment provider’s stock after acquiring an additional 21,550 […]
Bank of America cut shares of AudioCodes (NASDAQ:AUDC – Get Rating) from a neutral rating to an underperform rating in a research report report published on Wednesday morning, Marketbeat reports. The brokerage currently has $9.50 target price on the communications equipment provider’s stock, down from their previous target price of $22.00. Several other research firms […]
AudioCodes (NASDAQ:AUDC – Get Rating) was downgraded by investment analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a report issued on Wednesday. Several other brokerages also recently weighed in on AUDC. Needham & Company LLC reiterated a “buy” rating and issued a $23.00 target price on shares of AudioCodes in a […]
AudioCodes (NASDAQ:AUDC – Get Rating) issued an update on its first quarter earnings guidance on Monday morning. The company provided earnings per share guidance of $0.07-0.09 for the period, compared to the consensus earnings per share estimate of $0.27. The company issued revenue guidance of $58.5-60.0 million, compared to the consensus revenue estimate of $66.88 […]