BLACKBAUD INC (BLKB) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of BLACKBAUD INC (BLKB) from NEUTRAL to UNDERPERFORM on February 18, 2014, with a target price of $30.80.

Blackbaud is the leading global provider of software and related services designed specifically for nonprofit organizations. Blackbaud's solutions include The Raiser's Edge, The Financial Edge, The Education Edge, The Information Edge, WealthPoint and ProspectPoint, as well as a wide range of consulting and educational services. Blackbaud has operations in Toronto, Ontario, Glasgow, Scotland, and Sydney, Australia.

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