Northland analyst Nehal Chokshi raised the firm’s price target on Allot Ltd. (ALLT) to $19 from $18 and keeps an Outperform rating on the shares. Results and conference call color leads the firm to raise its calendar 2026 SECaaS ARR estimate by 15%, the analyst tells investors.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ALLT:
- Allot: SECaaS‑Led Turnaround Drives Decade‑Best Profitability and Supports Buy Rating Despite Lowered Target
- Allot Ltd. price target lowered to $11 from $13 at TD Cowen
- Buy Rating Backed by Robust SECaaS-Led Growth, Margin Expansion, and 2026 Upside Despite Post-Guidance Sell-Off
- Midday Fly By: Workday, Lowe’s in focus after earnings
- Allot Ltd. sees FY26 revenue $113M-$117M, consensus $114.72M
