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Fly News Breaks for July 23, 2019
AUDC
Jul 23, 2019 | 14:07 EDT
Needham analyst Richard Valera said AudioCodes reported "strong" Q2 revenue growth and he noted that the company increased its 2019 guidance. The analyst, who sees AudioCodes being poised to continue to deliver strong results given its growing Teams momentum and service provider wins that support Services and gateway growth, keeps a Buy rating on the stock and raised his price target on the shares to $20 following earnings.
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