COMVERSE TECH (CMVT) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of COMVERSE TECH (CMVT) from OUTPERFORM to NEUTRAL on October 11, 2012, with a target price of $7.10.

Comverse Technology, Inc. designs, develops, manufactures, markets and supports computer and telecommunications systems and software for multimedia communications and information processing applications. The company's products are used in a broad range of applications by fixed and wireless telephone network operators, government agencies, call centers, financial institutions and other public and commercial organizations worldwide.

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