WD 40 CO (WDFC) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of WD 40 CO (WDFC) from NEUTRAL to UNDERPERFORM on October 17, 2012, with a target price of $45.70.

WD-40 Company sells a petroleum-based product, known as ""WD-40."" WD-40 is a multi-purpose product which acts as a lubricant, rust preventative, penetrant, cleaner and moisture displacer. They also sell the 3-IN-ONE Oil. 3-IN-ONE Oil is a lower cost general purpose lubricant that is useful when precise applications of a lubricant are needed.

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