J.P. Morgan Maintains Neutral Rating On TeleCommunication Systems

According to J.P. Morgan, TeleCommunication Systems TSYS Neutral rating is maintained. J.P. Morgan said that it is cautious regarding TSYS's 2Q results and government systems sales in particular, owing to delays in funding major government projects. “We are also concerned that declining SMS volumes may weigh on commercial segment revenue. In short, we believe the back.” TeleCommunication Systems closed yesterday at $5.04.