AUDIOCODES LTD (AUDC) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of AUDIOCODES LTD (AUDC) from OUTPERFORM to NEUTRAL on April 02, 2013, with a target price of $4.90.

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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