ANIXTER INTL (AXE) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of ANIXTER INTL (AXE) from NEUTRAL to UNDERPERFORM on August 13, 2012, with a target price of $58.20.

Anixter International Inc. is a leading global distributor of communication products used in building enterprise and service provider data, voice and video networks. In addition, Anixter is a leading distributor of specialty wire and cable products to original equipment manufacturers and to industrial companies for maintenance and repair operations.

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