Zacks Investment Research downgraded shares of AUTHENTEC INC (AUTH) from OUTPERFORM to NEUTRAL on August 29, 2012, with a target price of $10.10.
AuthenTec is the world leader in providing fingerprint authentication sensors and solutions to the high-volume PC, wireless device, and access control markets. AuthenTec's award-winning sensors take full advantage of The Power of Touch by utilizing the Company's patented TruePrint technology to deliver the most convenient, reliable and cost-effective means available for enabling touch-powered features that extend beyond user authentication. The Company's customers include: ASUSTeK, Fujitsu, HP, Hitachi, HTC, Lenovo, LG Electronics, Samsung, and Toshiba, among others.
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