RAMBUS INC (RMBS) Upgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research upgraded shares of RAMBUS INC (RMBS) from UNDERPERFORM to NEUTRAL on June 20, 2012, with a target price of $5.90.

Rambus, Inc. designs, develops, licenses and markets high-speed chip-to-chip interface technology to enhance the performance and cost-effectiveness of computers, consumer electronics and other electronic systems. The company licenses semiconductor companies to manufacture and sell memory and logic integrated circuits incorporating Rambus interface technology and markets its solution to systems companies to encourage them to design Rambus interface technology into their products.

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