Zacks Investment Research downgraded shares of ACTIVE NETWORK (ACTV) from NEUTRAL to UNDERPERFORM on October 03, 2012, with a target price of $11.40.
The Active Network, Inc. provides organization-based cloud computing applications that form an online network connecting a fragmented and diverse group of activity and event organizers with a large base of potential participants. Its proprietary technology platform transforms the way organizers manage their activities and events by automating online registrations and streamlining other critical management functions, while also driving consumer participation to their events. The Company serves a wide range of customers including community and sports organizations, large corporations, small and medium sized businesses, educational institutions, government agencies, non-profit organizations and other similar entities. The Active Network, Inc. is based in San Diego, California with additional offices in Burnaby, Canada and Sacramento, California.
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