Audiocodes Ltd. (AUDC) rated Mkt Outperform with price target $5.60 by Rodman & Renshaw
Rodman & Renshaw rated Mkt Outperform Audiocodes Ltd. (NASDAQ: AUDC) on 11/01/2010, when the stock price was $5.11.
Since then, Audiocodes Ltd. has gained 36.20% as of 12/09/2013's recent price of $6.96. If you would have followed this Rodman & Renshaw's recommendation on AUDC, you would have gained 36.2% of your investment in 1134 days.
AUDIOCODES LTD designs, develops and markets enabling technologies and communication components for the transmission of voice, fax and modem over packet networks. Newly developed Voice over IP gateways as well as DSL and ATM access devices, enable packet networks to carry voice and data more efficiently and at lower cost than traditional telephone networks. They are a provider of voice over packet communication components that empower the development of equipment for these emerging markets.
Rodman & Renshaw
is a full-service investment bank dedicated to providing investment banking services to companies that have significant recurring capital needs due to their growth and development strategies. We also provide research and sales and trading services to institutional investor clients that focus on such companies. Since 2003, Rodman has been a leading investment banking firm to the biotechnology sector, a capital intensive market segment, as well as a leader in the PIPE (private investment in public equity) and RD (registered direct placements) transaction markets.