NETLIST INC (NLST) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of NETLIST INC (NLST) from NEUTRAL to UNDERPERFORM on August 20, 2012, with a target price of $1.50.

Netlist, Inc. designs and manufactures high performance memory subsystems for the server, high performance computing and communications markets. The company's memory subsystems are developed for applications in which memory plays a key role in enabling overall system performance. These applications include tower servers, rack-mounted servers, blade servers, high performance computing clusters, engineering workstations and telecommunication switches.

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