Sonus gains on upbeat Jefferies note

|By:, SA News Editor

Though Sonus (SONS +6.1%) sold off last Thursday after setting 2015 targets ahead of its investor day, Jefferies' James Kisner likes what he heard, and calls the VoIP infrastructure provider "one of the most underappreciated stories in the Technology sector today."

Kisner thinks Sonus is taking share - Oracle bought session border controller rival Acme Packet last year - and though maintaining a $5 PT, believes shares could eventually reach $10. They're once more near a 52-week high of $3.98.