Zacks Investment Research downgraded shares of MUELLER INDS (MLI) from NEUTRAL to UNDERPERFORM on July 27, 2012, with a target price of $39.70.
Mueller Industries, Inc. is a leading manufacturer of copper tube and fittings brass and copper alloy rod, bar and shapes aluminum and brass forgings aluminum and copper impact extrusions plastic fittings and valves refrigeration valves and fittings and fabricated tubular products. Mueller's operations are located throughout the United States and in Canada, Mexico, Great Britain, and China. Mueller's business is importantly linked to the construction of new homes the improvement and reconditioning of existing homes and structures and the commercial construction market which includes, office buildings, factories, hotels, hospitals, etc.
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