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.
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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
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- Allot Ltd. sees FY26 revenue $113M-$117M, consensus $114.72M
