Zacks Investment Research downgraded shares of 8X8 INC (EGHT) from OUTPERFORM to NEUTRAL on September 23, 2014, with a target price of $8.90.
8X8, Inc. (formerly Netergy Networks Inc.), and its two subsidiaries, Netergy Microelectronics and Centile, Inc., are providers of IP-based services, service creation environment and delivery tools, and embedded network appliance technology to help communication service providers and telecommunication equipment manufacturers succeed in the New Telecom Landscape, where voice, data and video converge into an ubiquitous IP network.
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