EVOLVING SYSTEM (EVOL) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of EVOLVING SYSTEM (EVOL) from OUTPERFORM to NEUTRAL on November 05, 2013, with a target price of $12.00.

Evolving Systems, Inc. is a leading provider of selected software solutions and services that enable telecommunications carriers to address the technical challenges to their operational support systems. The company develops, markets, sells and supports standard software products that enable established and new telecommunications companies to address local number portability requirements and the impact of LNP on such companies' support systems. The company also provides custom software development services to leading telecommunications companies.

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