EDGEWATER TECH (EDGW) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of EDGEWATER TECH (EDGW) from NEUTRAL to UNDERPERFORM on October 09, 2012, with a target price of $3.60.

Edgewater Technology Inc. is an e-business consulting and systems integration firm that specializes in providing middle-market companies with tailored solutions for today's Internet-centric environment. Edgewater has taken a partnership approach with its clients, targeting strategic, mission-critical applications. Edgewater Technology services its client base by leveraging a combination of leading-edge technologies and proven reengineering techniques provided by its network of national solutions centers strategically positioned across the United States.

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