Zacks Investment Research downgraded shares of PROGRESS SOFTWA (PRGS) from NEUTRAL to UNDERPERFORM on October 02, 2012, with a target price of $20.40.
Progress Software Corporation is a global supplier of application development, deployment and management technology, Internet and intranet enabling technologies and support services to business, industry and government. The company's software products and services address these challenges by increasing developer productivity, by delivering applications with a low total cost of ownership and by enhancing performance and availability. The company's products include application servers, databases, development tools and application management products.
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