Synchronoss (SNCR -3.1%) slides on a downgrade to Neutral from Goldman, which sees limited...

|About: Synchronoss Technologies, Inc. (SNCR)|By:, SA News Editor

Synchronoss (SNCR -3.1%) slides on a downgrade to Neutral from Goldman, which sees limited upside for shares until orders from Verizon Wireless pick up sometime in 2013. Synchronoss, whose software is used to activate and provision smartphones, has seen its shares dinged by slowing U.S. smartphone sales, particularly at top customer AT&T.