Zacks Investment Research downgraded shares of RALLY SOFTWARE (RALY) from OUTPERFORM to NEUTRAL on August 06, 2014, with a target price of $11.50.
Rally Software Development Corp. offers cloud-based solutions for managing agile software development. The company provides four Agile Application Lifecycle Management editions which consist of Rally Community Edition, Rally eXpress Edition, Rally Enterprise Edition and Rally Unlimited Edition. It also provides Agile practices training, Agile coaching services, implementation services and platform extension services. The company offers solutions and services to manufacturing, communications, energy, financial services, healthcare, insurance, public, retail, and technology and transportation sectors through its direct sales force. Rally Software Development Corp. is headquartered in Boulder, Colorado.
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