Systems management software firm SolarWinds (SWI -7.8%) slumps on a downgrade to Market Perform...

|By:, SA News Editor

Systems management software firm SolarWinds (SWI -7.8%) slumps on a downgrade to Market Perform from FBR's Daniel Ives, who thinks shares are likely to be range-bound near-term following a healthy 2012 rally. Ives argues investors need to see more evidence of international success and cross-selling activity before bidding shares higher, though he adds SolarWinds is "still in the early innings of a growth cycle."