Zacks Investment Research downgraded shares of MATTHEWS INTL-A (MATW) from NEUTRAL to UNDERPERFORM on July 23, 2012, with a target price of $27.50.
Matthews International Corporation is a designer, manufacturer and marketer principally of memorialization products & brand solutions. Memorialization products consist primarily of bronze memorials and other memorialization products, caskets and cremation equipment for the cemetery & funeral home industries. Brand solutions include graphics imaging products & services, marking products, & merchandising solutions. The Company's products & services include cast bronze memorials & other memorialization products caskets cast & etched architectural products cremation equipment & cremation- related products mausoleums brand management, printing plates, pre-press services, & imaging systems for the primary packaging & corrugated industries marking equipment & consumables, & industrial automation products for identifying, tracking & conveying various consumer & industrial products, components & packaging containers & merchandising display systems and marketing & design services.
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