StockNews.com Initiates Coverage on Allot Communications with a Sell Rating

Equity researchers at StockNews.com have recently initiated coverage on shares of Allot Communications ALLT in a research note released to investors on Sunday. The firm has issued a 'sell' rating for the communications equipment provider's stock, suggesting that the analysts are bearish on the future performance of ALLT. The stock saw its trading session begin at $2.55 on the preceding Friday.

Allot Communications at a Glance

Headquartered in Hod-Hasharon, Israel, Allot Ltd. operates in the sphere of network intelligence and security. The company's robust solutions are aimed at protecting and personalizing digital experiences for users across the globe. With operations spanning from Europe to Asia, and from the Middle East to the Americas, the firm has become a key player in its field - ALLT.

Comparative Overview with Qualcomm

In contrast, Qualcomm QCOM, an American multinational corporation, has a significant presence within the sector as well. Known for its development and innovation in semiconductors, software, and wireless technology services, QCOM owns essential patents for various mobile communication standards, including the 5G and 4G networks. The San Diego-based company's expertise in this industry has established it among the leading entities in wireless technology.

StockNews, Allot, Qualcomm