Zacks Investment Research downgraded shares of ANSYS INC (ANSS) from NEUTRAL to UNDERPERFORM on June 18, 2013, with a target price of $73.80.
ANSYS, Inc., develops and globally markets engineering simulation software and technologies widely used by engineers and designers across a broad spectrum of industries. The Company focuses on the development of open and flexible solutions that enable users to analyze designs directly on the desktop, providing a common platform for fast, efficient and cost- conscious product development, from design concept to final-stage testing and validation. The Company and its global network of channel partners provide sales, support and training for customers.
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