PROS HOLDINGS (PRO) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of PROS HOLDINGS (PRO) from OUTPERFORM to NEUTRAL on August 23, 2013, with a target price of $35.40.

PROS Holdings, Inc. a world leader in Pricing and Revenue Optimization Software, today announced that the underwriters of its initial public offering have exercised in full their over-allotment option. PROS is a leading provider of pricing and revenue optimization software products, specializing in price analytics, price execution, and price optimization. By using PROS' software products, companies gain insight into their pricing strategies, identify pricing-based profit leaks, optimize their pricing decision making and improve their business processes and financial performance. PROS' software products implement advanced pricing science, which includes operations research, forecasting and statistics. PROS also provides a range of services that include analyzing a company's current pricing processes and implementing software products to improve pricing performance

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