ACTUATE CORP (BIRT) Upgraded by Zacks to OUTPERFORM

Zacks Zacks Investment Research upgraded shares of ACTUATE CORP (BIRT) from NEUTRAL to OUTPERFORM on May 06, 2013, with a target price of $6.70.

Actuate Corporation is a leading provider of e.Reporting solutions for e.Business. Actuate Corp.'s e.Reporting system's server-centric architecture provides the building blocks for an e.Business reporting environment of any size. Their products have been adopted in a wide variety of industries, including financial services, telecommunications, technology, health care and others and by a wide variety of organizations including Fortune 1000 companies, e.Business application vendors and dot-com start-ups.

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