GRACO INC (GGG) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of GRACO INC (GGG) from OUTPERFORM to NEUTRAL on June 26, 2013, with a target price of $69.00.

Graco Inc. supplies technology and expertise for the management of fluids in both industrial and commercial settings. Based in Minneapolis, Minnesota, Graco serves customers around the world in the manufacturing, processing, construction and maintenance industries. It designs, manu-factures and markets systems and equipment to move, measure, control, dispense and apply fluid materials. The Company helps customers solve difficult manufacturing problems, increase productivity, improve quality, conserve energy, and save expensive materials.

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