How Much Upside is Left in Allot Communications (ALLT)? Wall Street Analysts Think 42.71%

Core Viewpoint - Allot Communications (ALLT) shows potential for significant upside, with a mean price target of $13.5 indicating a 42.7% increase from its current price of $9.46 [1] Price Targets and Estimates - The mean estimate consists of three short-term price targets with a standard deviation of $1.32, where the lowest estimate is $12.50 (32.1% increase) and the highest is $15.00 (58.6% increase) [2] - A low standard deviation suggests a strong agreement among analysts regarding the stock's price movement, which can serve as a starting point for further research [9] Earnings Estimates - Analysts are optimistic about ALLT's earnings prospects, as indicated by a positive trend in earnings estimate revisions, which historically correlates with stock price movements [11] - Over the last 30 days, the Zacks Consensus Estimate for the current year has increased by 140%, with two estimates moving higher and no negative revisions [12] Zacks Rank - ALLT holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates, indicating strong potential for near-term upside [13] Conclusion on Price Targets - While the consensus price target may not be a reliable measure of the extent of ALLT's potential gains, it does provide a useful indication of the expected direction of price movement [14]