PEGASYSTEMS INC (PEGA) Upgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research upgraded shares of PEGASYSTEMS INC (PEGA) from UNDERPERFORM to NEUTRAL on January 31, 2013, with a target price of $24.10.

Pegasystems Inc. is a leading provider of Customer Relationship Management software that enables transaction-intensive organizations to manage a broad array of customer interactions. Their software enables organizations to deliver high-quality, consistent customer service across today's preferred interaction channels, from the traditional call center environment to Internet self-service. The company's customers represent a wide range of industries, including banking and financial services, insurance, healthcare management, and telecommunications.

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