HNI CORP (HNI) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of HNI CORP (HNI) from NEUTRAL to UNDERPERFORM on October 04, 2012, with a target price of $24.70.

HNI Corp has two reportable core operating segments: office furniture and hearth products. They are the second largest office furniture manufacturer in the United States and the nation's leading manufacturer and marketer of gas- and wood-burning fireplaces.

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