Jefferies lowered the firm’s price target on AudioCodes (AUDC) to $9 from $11 and keeps a Hold rating on the shares. The company posted misses on total revenue and EPS, but despite the soft quarter, management maintained the FY24 outlook for revenue and EBITDA, the analyst noted.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks