SIGMA DESIGNS (SIGM) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of SIGMA DESIGNS (SIGM) from OUTPERFORM to NEUTRAL on November 06, 2012, with a target price of $7.40.

Sigma Designs, Inc designs, manufactures (using subcontractors) and markets multimedia products for use with personal computers. Through their REALmagic product line incorporating Moving Picture Experts Group (MPEG) technology, they has become a leader in this emerging market.

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