An upgrade from Jefferies helps Allot (ALLT +3.3%) to trade higher on a bad day for tech....

|About: Allot Communications Ltd. (ALLT)|By:, SA News Editor

An upgrade from Jefferies helps Allot (ALLT +3.3%) to trade higher on a bad day for tech. Jefferies believes Verizon will place initial orders for Allot's hardware in Q4 (revenues in 2013), and thinks demand for its traffic management gear will remain strong since it helps carriers monetize 4G investments (presumably by allowing them to analyze/prioritize traffic and control download speeds). ThinkEquity recently argued tiered broadband plans will boost demand for Allot and Procera's (PKT) hardware.