REIS INC (REIS) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of REIS INC (REIS) from OUTPERFORM to NEUTRAL on January 08, 2013, with a target price of $14.50.

Reis, Inc., a real estate merchant banking firm, engages in the acquisition, development, financing, and operation of real properties. It also develops, constructs, and sells residential projects, as well as invests in private and public real estate companies. The company also provides commercial real estate market information to investors, lenders, and other professionals in the debt and equity capital markets.

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