KVH INDUSTRIES (KVHI) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of KVH INDUSTRIES (KVHI) from NEUTRAL to UNDERPERFORM on July 02, 2012, with a target price of $11.30.

KVH Europe A/S is a wholly owned subsidiary of USA-based KVH Industries, Inc. KVH is a leading provider of in-motion satellite TV and communication systems, having designed, manufactured, and sold more than one lakhs mobile satellite antennas for applications on boats, RVs, trucks, buses, and automobiles. KVH Europe is the preferred supplier of marine satellite TV systems to leading powerboat builders like Sunseeker, Princess, Fairline, Rodriquez, Azimut, and Astondoa. KVH's mission is to connect mobile customers with the same digital television entertainment, communications, and Internet services that they enjoy in their home and offices.

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