Jefferies analyst Samad Samana lowered the firm’s price target on AudioCodes (AUDC) to $9 from $11 and keeps a Hold rating on the shares following the Q1 report. To reflect increased uncertainty after AudioCodes withdrew its fiscal 2025 guidance, the firm reduced estimates.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AUDC:
- AudioCodes Reports Modest Growth in Q1 2025 Earnings
- AudioCodes Earnings Call: Balancing Growth and Challenges
- Strategic Growth Potential for AudioCodes in Microsoft Teams Ecosystem and Conversational AI
- AudioCodes Reports Q1 2025 Financial Results and Strategic Growth
- AudioCodes reports Q1 EPS 15c, consensus 20c