STRATTEC SEC CP (STRT) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of STRATTEC SEC CP (STRT) from OUTPERFORM to NEUTRAL on October 09, 2012, with a target price of $26.00.

Strattec Security Corporation designs, develops, manufactures and markets mechanical locks, electro-mechanical locks and related products for automotive manufacturers with operations in the United States, Canada and Mexico. The company also produces precision zinc die castings for the transportation, security and small engine industries. The company's principal products are locks and keys for cars and trucks.

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