Heavily-shorted Acme Packet (APKT +12.4%) soars on an upgrade to Buy from Stifel, which predicts...

|About: Acme Packet, Inc. (APKT)|By:, SA News Editor

Heavily-shorted Acme Packet (APKT +12.4%) soars on an upgrade to Buy from Stifel, which predicts sales of Acme's session border controllers will get a big 2013 lift from deployments of VoLTE systems from mobile carriers. Stifel's checks indicate AT&T will likely start deploying VoLTE "in the very near-future," and thinks there are launch dates for 11-13 of the 27 VoLTE projects Acme has said it's a part of. It thinks EPS could jump to $0.65-$0.70 in 2013 (the consensus is at $0.52) and $1 in 2014. Acme fell more than once last year on reports of VoLTE delays. (yesterday)