Allot (ALLT -15.9%) has crashed after receiving a downgrade to Hold from Wunderlich, which is...

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

Allot (ALLT -15.9%) has crashed after receiving a downgrade to Hold from Wunderlich, which is lowering its PT to $21 from $27. Allot has been growing quickly thanks to strong carrier demand for deep packet inspection (DPI) hardware,but shares have been pressured by worries about soft wireline capex and the company's heavy European exposure (made heavier by the fact net neutrality laws limit how much wireline U.S. carriers can use DPI gear). (Merrill)