AUDIOCODES LTD (AUDC) Upgraded by Zacks to OUTPERFORM

Zacks Zacks Investment Research upgraded shares of AUDIOCODES LTD (AUDC) from NEUTRAL to OUTPERFORM on February 05, 2013, with a target price of $4.30.

AUDIOCODES LTD designs, develops and markets enabling technologies and communication components for the transmission of voice, fax and modem over packet networks. Newly developed Voice over IP gateways as well as DSL and ATM access devices, enable packet networks to carry voice and data more efficiently and at lower cost than traditional telephone networks. They are a provider of voice over packet communication components that empower the development of equipment for these emerging markets.

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