RADCOM Ltd. (RDCM) is Initiated by Needham to Buy, Price Target at $16

RADCOM Ltd. (RDCM) was Initiated by Needham to “Buy” and the brokerage firm has set the Price Target at $16. Needham advised their investors in a research report released on May 23, 2016.

RADCOM Ltd. closed down -0.53 points or -4.48% at $11.29 with 14,49,094 shares getting traded on Friday. Post opening the session at $11.6, the shares hit an intraday low of $11.11 and an intraday high of $11.96 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

RADCOM Ltd. (RADCOM) provides service assurance and customer experience management solutions for telecom operators and communications service providers. The Company provides solutions for mobile and fixed networks including long-term evolution (LTE) voice over LTE (VoLTE) Internet protocol multimedia subsystem (IMS) Voice over Internet protocol (VoIP) universal mobile telecommunications system (UMTS) or global system for mobile communications (GSM) and mobile broadband. The Company markets its products and solutions under the Radically Better brand. RADCOM categorizes its products into two primary lines: the MaveriQ Service Assurance and Customer Experience Management (CEM) solution and the Performer Family Network Analyzers. The MaveriQ is a probe-based service assurance and CEM solution. The Performer family is an open platform that supports a range of test applications over various technologies.


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