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Top Technology Stocks Today - HRS, BRKS, AUDC - Stock Alert

HRS, BRKS, AUDC were Today`s Top Stocks from Technology Sector.

 



(EMAILWIRE.COM, October 17, 2009 ) Dallas, TX - Harris Corporation (NYSE:HRS) was one of the most active gainers in today`s trade as it rallied over 7.15% to close at $39.88 on huge volume of 3.49 million shares after Harris Corporation announced today that it has been awarded a $419 million Basic Purchasing Agreement contract to supply the U.S. Army with Falcon III AN/PRC-117G multiband tactical manpack radios and vehicular power amplifier adapter systems. The initial delivery order under the contract is valued at $165 million for manpack and vehicular radio systems and support services. Radio systems from this order will be deployed by the Army for missions worldwide to provide tactical satellite and voice and data communications.

Brooks Automation, Inc. (USA) (NASDAQ:BRKS) was among the top movers and surged 6.96% to end at $8.61 on huge volume of 793K shares after Diversified manufacturer Brooks Automation Inc forecast fourth-quarter revenue above market estimates, helped by higher demand from its semiconductor original equipment maker accounts.For the fourth quarter ended Sept. 30, the company expects revenue of about $64 million, a sequential increase of 45 percent. It had previously forecast a sequential revenue growth of at least 25 percent for the period.

AudioCodes Ltd. (NASDAQ:AUDC) was among the top movers and surged 7.39% to close at $2.76 on huge volume of 500K shares after BofA Merrill Lynch upgrades Audio Codes two-notches from Underperform to Buy. The firm raised its price target from $1.75 to $3.50. AudioCodes Ltd. designs, develops and markets enabling technologies and system products for the transmission of voice, data, fax and multimedia communications over packet networks, which it refers to as the new voice infrastructure.

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