AudioCodes (AUDC -7.8%) continues its slide since issuing downward guidance, and Oppenheimer is...

|About: AudioCodes Ltd. (AUDC)|By:, SA News Editor

AudioCodes (AUDC -7.8%) continues its slide since issuing downward guidance, and Oppenheimer is cutting its stock rating to Perform. "With the pre-announcement of lowering 2012 forecasts by 13%, we question the stability of the media gateway business to provide a base for continued investment in growth areas," the firm says.