CONVERGYS CORP (CVG) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of CONVERGYS CORP (CVG) from OUTPERFORM to NEUTRAL on October 02, 2012, with a target price of $17.80.

Convergys Corp. is one of the global leaders in the provision of outsourced, integrated billing and customer care services. It focuses on developing long-term strategic relationships with clients in customer-intensive industries including telecommunications, cable, broadband, satellite broadcasting, Internet services, technology and financial services. The company serves its clients through its two operating units: the Information Management Group and the Customer Management Group.

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