Zacks Investment Research downgraded shares of SERVICESOURCE (SREV) from NEUTRAL to UNDERPERFORM on August 03, 2012, with a target price of $8.00.
ServiceSource provides a suite of cloud applications for service revenue management. The Company provides end-to-end management and optimization of the service contract renewals process, including data management, quoting, selling and service revenue business intelligence. Its solution is based on the proprietary Service Revenue Intelligence Platform, a data warehouse that incorporates transactional, analytical and industry data gathered from over two million service renewal transactions. The Company's offering finds its application in all industries. ServiceSource is headquartered in San Francisco, California.
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