SCHNITZER STEEL (SCHN) Upgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research upgraded shares of SCHNITZER STEEL (SCHN) from UNDERPERFORM to NEUTRAL on February 08, 2012, with a target price of $46.30.

Schnitzer Steel Industries, Inc. collects, processes and recycles metals by operating one of the largest metals recycling businesses in the United States. They also manufacture finished steel products at their technologically advanced steel mini-mill.

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