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Technology Stocks : audiocodes ltd. (AUDC) -- Ignore unavailable to you. Want to Upgrade?


To: Herschel Rubin who wrote (127)4/5/2001 2:36:03 PM
From: Dan Hamilton  Read Replies (1) | Respond to of 229
 
Do you have any details on the downgrade? This is what I found...

AudioCodes Ltd Cut to 'Sell' at Prudential Volpe

4/5/01 4:57 AM
Source:Bloomberg News

Princeton, New Jersey, April 5 (Bloomberg Data) -- AudioCodes Ltd (AUDC
US) was downgraded to ''sell'' from ''accumulate'' by analyst Randy Scherago
at Prudential Volpe Technology Group. The 12-month target price is $4.50 per
share. The 2001 revenue estimate was cut to $46 million from $93.8 million.