DOUGLAS DYNAMIC (PLOW) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of DOUGLAS DYNAMIC (PLOW) from NEUTRAL to UNDERPERFORM on January 11, 2013, with a target price of $12.70.

Douglas Dynamics, Inc. designs, manufactures and sells snow and ice control equipment for light trucks, which is comprised of snowplows and sand and salt spreaders, and related parts and accessories. The Company sells its products under the WESTERN(R), FISHER(R) and BLIZZARD(R) brands through a distributor network, primarily consisting of truck equipment distributors located throughout the Midwest, East and Northeast regions of the United States as well as all provinces of Canada. It sells its products primarily to professional snowplowers who are contracted to remove snow and ice from commercial, municipal and residential areas. Douglas Dynamics, Inc. is headquartered in Milwaukee, Wisconsin.

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