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Sidoti Downgrades Insteel Industries (IIIN) to Neutral

April 6, 2009 12:08 PM EDT
IIIN Hot Sheet
Rating Summary:
    0 Buy, 0 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
Sidoti & Co. downgrades Insteel Industries (Nasdaq: IIIN) from Buy to Neutral.

Commodities and energy stocks are not doing so well today. Shares of Insteel are currently down more than 10.7% to $7.08.

Insteel Industries, Inc. engages in the manufacture and marketing of steel wire reinforcing products for concrete construction applications.

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