JPMorgan downgrades mobile marketing apps maker Smith Micro Software (SMSI -14.4%) to Neutral...

|About: Smith Micro Software, Inc. (SMSI)|By:, SA News Editor

JPMorgan downgrades mobile marketing apps maker Smith Micro Software (SMSI -14.4%) to Neutral from Overweight. Given Smith Micro's recent full year guidance, JPMorgan believes the stock price already reflects any benefits from the iPad (AAPL) and the Verizon (VZ +0.8%) LTE launch.