IMMERSION CORP (IMMR) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of IMMERSION CORP (IMMR) from OUTPERFORM to NEUTRAL on October 03, 2012, with a target price of $6.70.

IMMERSION CORP. develops hardware and software technologies that enable users to interact with computers using their sense of touch. Their patented technologies, which are branded TouchSense, enable devices such as mice, joysticks, knobs, and medical simulation products to deliver tactile sensations that correspond to on-screen events. They focus on four application areas: computing and entertainment, medical simulation, professional and industrial, and three-dimensional capture and interaction.

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