PROVIDENCE SVC (PRSC) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of PROVIDENCE SVC (PRSC) from NEUTRAL to UNDERPERFORM on January 22, 2013, with a target price of $18.20.

The Providence Service Corporation provides privatized social services to individuals and families in home and community based settings. Their services are reimbursed by government programs such as welfare, juvenile justice, Medicaid or corrections. They own no beds or facilities, preferring to provide their client care in home and community based settings.

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