Deutsche Bank Reiterates Buy Rating on Acme Packet

Deutsche Bank is modeling 40% revenue growth for Acme Packet, Inc. (NASDAQ: APKT) in FY11 (35% growth in FY12) “and remain with our conviction for meaningful upside to the company's FY11/12 growth prospects based on the strength in Acme's SBC rollouts in enterprise and carrier use cases.”

Deutsche Bank is also reiterating its Buy rating on the stock, which closed Monday at $60.52.