ACTUANT CORP (ATU) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of ACTUANT CORP (ATU) from OUTPERFORM to NEUTRAL on May 23, 2012, with a target price of $31.50.

Actuant, headquartered in Milwaukee, Wisconsin, is a diversified industrial company with operations in 15 countries. Actuant offers products under such established brand names as Enerpac, Gardner Bender, Milwaukee Cylinder, Nielsen Sessions, Power-Packer, and Power Gear.

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