Zacks Investment Research upgraded shares of RRSAT GLBL COMM (RRST) from UNDERPERFORM to NEUTRAL on May 14, 2012, with a target price of $5.50.
RRSAT GLOBAL COMMUNICATIONS NETWORK LTD. provides global, comprehensive, content management and distribution services to the rapidly expanding television and radio broadcasting industries. Through its proprietary "RRsat Global Network," composed of satellite and terrestrial fiber optic transmission capacity and the public Internet, RRsat is able to offer high-quality and flexible global distribution services for content providers. RRsat's comprehensive content management services include producing and playing out TV content as well as providing satellite newsgathering services (SNG). RRsat concurrently provide these services to more than 425 television and radio channels, covering more than 150 countries.
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