Sidoti Downgrades Insteel Industries (IIIN) to Neutral

April 6, 2009 12:08 PM EDT

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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