Allot Wins Analyst Support as Security-First Strategy Draws Fresh Optimism

Group 1 - Allot Ltd. is gaining attention from hedge funds, particularly in Q2, indicating a positive sentiment towards the stock [1] - Needham & Company initiated coverage of Allot with a Buy rating and a price target of $12.50, emphasizing its strategic positioning in network intelligence and security [1][2] - The company's multi-service platform is utilized by mobile, fixed, and cloud service providers, which supports its growth potential [1] Group 2 - The recent initiation of coverage by TD Cowen reflects a shift in analyst sentiment towards Allot's turnaround narrative [2] - Allot is based in Hod HaSharon, Israel, and specializes in network intelligence and cybersecurity solutions, enabling telecom operators and enterprises to enhance security and traffic control [2]