Zacks Investment Research downgraded shares of NIC INC (EGOV) from OUTPERFORM to NEUTRAL on October 03, 2012, with a target price of $16.10.
NIC Inc. is a provider of Internet-based, electronic government services that help governments use the Internet to reduce costs and provide a higher level of service to businesses and citizens. They accomplish this currently through three different business segments: state and local portal businesses, government procurement business and eGovernment products businesses.
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