STEINWAY MUSIC (LVB) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of STEINWAY MUSIC (LVB) from NEUTRAL to UNDERPERFORM on August 16, 2012, with a target price of $22.90.

Steinway Musical Instrum., through its Steinway and Selmer subsidiaries, is one of the world's leading manufacturers of musical instruments. Steinway produces high quality pianos and has one of the most widely recognized and prestigious brand names. Selmer is one of the leading domestic manufacturers of band and orchestral instruments and related accessories, including a complete line of brasswind, woodwind, percussion and stringed instruments.

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