Zacks Investment Research upgraded shares of GLOBALSCAPE INC (GSB) from UNDERPERFORM to NEUTRAL on October 30, 2012, with a target price of $2.10.
GLOBALSCAPE INC., a provider of Global Managed File Transfer solutions and wide-area file services technologies, delivers a modular approach to solving the enterprise challenges of security, bandwidth, latency and regulatory compliance. GlobalSCAPE's products securely and efficiently move files such as financial data, medical records, customer files, intellectual property, and other sensitive documents of any size between supply chain partners and branch offices. GlobalSCAPE's products are used by mid-sized and large enterprise companies, including virtually all of the Fortune 500 companies, leading technology, banking, healthcare, and public sector organizations. Headquartered in San Antonio, TX, GlobalSCAPE is also the developer of CuteFTP, the most popular file transfer protocol application on the market
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