Zacks Research upgraded shares of AudioCodes (NASDAQ:AUDC – Free Report) from a strong sell rating to a hold rating in a report released on Monday,Zacks.com reports. Separately, Wall Street Zen downgraded AudioCodes from a “buy” rating to a “hold” rating in a report on Saturday, July 12th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, AudioCodes presently has a consensus rating of “Hold” and an average price target of $11.25. Goldman Sachs Group Inc. bought a new stake in shares of AudioCodes during the 1st quarter valued at about $412,000.