LANTRONIX INC (LTRX) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of LANTRONIX INC (LTRX) from NEUTRAL to UNDERPERFORM on May 07, 2013, with a target price of $1.70.

Lantronix designs, develops and markets products that enable almost any electronic device to be controlled, configured or reprogrammed over the Internet and/or intranets. The company's products connect these electronic devices to the Internet and/or intranets by using the infrastructure already in place to connect businesses and homes to the Internet, including fiber optic, Ethernet and wireless connections. Its primary products that connect electronic devices are its Device Servers and Multiport Device Servers.

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