Zacks Investment Research downgraded shares of FLEETMATICS GRP (FLTX) from OUTPERFORM to NEUTRAL on December 30, 2014, with a target price of $41.80.
Fleetmatics Group Limited provides fleet management solutions for small and medium-sized businesses delivered as software-as-a-service. It offers Web-based and mobile application solutions, which provide fleet operators with visibility into vehicle location, fuel usage, speed and mileage and other insights into their mobile workforce. The Company's solutions are marketed and sold under both the Fleetmatics and SageQuest brands. Fleetmatics Group Limited is based in Tallaght, Ireland.
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