Polycom (PLCM -3.1%) slips after receiving a downgrade to Neutral from UBS. The...

|By:, SA News Editor

Polycom (PLCM -3.1%) slips after receiving a downgrade to Neutral from UBS. The videoconferencing hardware vendor has now been downgraded 9 times since April 5, when it issued a harsh Q1 warning. Subsequent earnings reports haven't helped matters either, as competition from Cisco, Huawei, and startup Vidyo remains intense.