Separately, analysts at Morgan Stanley (NYSE: MS) initiated coverage on shares of Acme Packet in a research note to investors on Monday. They set an “equal weight” rating on the stock. Analysts at Jefferies Group (NYSE: JEF) initiated coverage on shares of Acme Packet in a research note to investors on Thursday, January 19th. They set a “buy” rating and a $35.00 price target on the stock. Also, analysts at William Blair initiated coverage on shares of Acme Packet in a research note to investors on Tuesday, January 10th. They set a “market perform” rating on the stock.
Acme Packet (NASDAQ: APKT) resistance level is $25and support level is $30.89.
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