Zacks Investment Research downgraded shares of CTI INDUSTRIES (CTIB) from OUTPERFORM to NEUTRAL on August 14, 2012, with a target price of $6.00.
CTI Industries Corp. is one of the leading manufacturers and sellers of mylar balloons in the world. The company also sells latex balloons, novelty and ""message"" items, such as mugs and banners, and toy products, such as inflatable masks, punch balls and water bombs, and produces laminated and specialty films for food packaging and other commercial uses. The company's products are sold throughout the United States and in foreign countries through a wide variety of retail outlets including grocery, general merchandise and drugstore chains.
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