POWER-ONE INC (PWER) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of POWER-ONE INC (PWER) from NEUTRAL to UNDERPERFORM on February 04, 2013, with a target price of $3.70.

Power-one Inc. is one of the ten largest power conversion equipment manufacturers in the world and is ranked in the S&P 500. Power-One's strengths include financial stability, a reputation for quality and reliability, extensive research and development resources, global customer service capabilities, and one of the industry's broadest power conversion product lines. Power-One can support the central office, wireless, and broadband infrastructure power applications that make services such as video conferencing, internet access, and cell phones possible.

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