Baird downgrades Syniverse (SVR) to Neutral

June 25, 2008 7:40 AM EDT

Baird downgrades Syniverse (NYSE: SVR) from Outperform to Neutral, citing negative impact from Alltel-Verizon merger. Price target lowered from $22 to $19.

Syniverse Holdings, Inc. is an enabler of wireless voice and data services for telecommunications companies globally.


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SVR 17.20

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