GSI GROUP INC (GSIG) Upgraded by Zacks to OUTPERFORM

Zacks Zacks Investment Research upgraded shares of GSI GROUP INC (GSIG) from NEUTRAL to OUTPERFORM on March 13, 2013, with a target price of $10.20.

GSI Group Inc. develops and precision technology to the global medical, electronics, and industrial markets and semiconductor systems. Products offered by the Company include: lasers, optics, and air bearing spindles, encoders, and thermal printers production systems that process semiconductor wafers using laser beams and high precision motion technology photonics-based solutions consisting of lasers, laser-based systems, precision motion devices, scanners, electro-optical components, and light and color measurement products. GSI Group Inc. is based in Bedford, Massachusetts.

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