Zacks Investment Research downgraded shares of CBEYOND INC (CBEY) from NEUTRAL to UNDERPERFORM on March 15, 2013, with a target price of $6.70.
Cbeyond is an Atlanta-based managed services provider in the emerging local voice and broadband services market and manages voice over Internet Protocol, facilities-based, private, local phone network. Cbeyond delivers an integrated package of high quality local and long distance telephony services, high-speed Internet access and Internet-based applications, including voicemail, email, Web hosting, data backup, file-sharing, VPN and more to a target market of small business customers in selected large metropolitan areas.
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