ACACIA RES-TECH (ACTG) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of ACACIA RES-TECH (ACTG) from NEUTRAL to UNDERPERFORM on November 09, 2012, with a target price of $21.70.

Acacia Research develops, licenses and provides products for the life science and media technology sectors. Acacia licenses its V-chip technology to television manufacturers and owns pioneering technology for digital streaming and video-on-demand. Acacia's CombiMatrix subsidiary is developing a bio-chip technology for the life science market.

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