Zacks Investment Research downgraded shares of TELECOMMUN SYS (TSYS) from OUTPERFORM to NEUTRAL on December 19, 2012, with a target price of $2.60.
TeleCommunication Systems, Inc. provides wireless network application software and services and communications engineering services. The company's communications engineering services include network design, installation and operation, network engineering and analysis, and complex program management. Through its experience, the company recognized the demand for network application software that provides for the delivery of Internet content, short messages and enhanced data communications services to wireless devices, including phones, two-way pagers.
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