Oppenheimer Raises Estimates On Allot Communications

According Oppenheimer, Allot Communications ALLT estimates are raised. Oppenheimer said that Allot's momentum remains strong as the challenges of managing data traffic over mobile networks are rising. “Not only do we expect Allot to deliver ahead of consensus, but also we expect book-to-bill to be materially above one. We're raising estimates and remain bullish. Maintain Outperform, raising price target to $18 from $17.” Allot Communications closed yesterday at $15.01.