GRIFFON CORP (GFF) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of GRIFFON CORP (GFF) from OUTPERFORM to NEUTRAL on October 03, 2012, with a target price of $11.80.

Griffon is a diversified manuf acturing company with operations in four business segments: Garage Doors Installation Services Specialty Plastic Films and Electronic Information and Communication Systems. The company's Garage Doors segment designs and manufactures garage doors for use in the residential housing and commercial building markets. The Installation Services segment sells, installs and services garage doors, garage door openers, manufactured fireplaces, floor coverings, cabinetry and a range of related building products primarily for the residential housing.

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