PTC INC (PTC) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of PTC INC (PTC) from OUTPERFORM to NEUTRAL on March 25, 2014, with a target price of $42.90.

PTC Inc. develops, markets, and supports software solutions. The company offers enterprise solutions and desktop solutions. Its principal Enterprise Solutions are Windchill, Arbortext, Creo View and Integrity. The Company's Desktop Solutions include its integrated Creo software suite, its Mathcad engineering calculations software and its Arbortext document authoring tools. It also offers consultation, implementation, training, and maintenance services. PTC Inc., formerly known as Parametric Technology Corporation, is headquartered in Needham, Massachusetts.

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