SCHOLASTIC CORP (SCHL) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of SCHOLASTIC CORP (SCHL) from NEUTRAL to UNDERPERFORM on November 26, 2012, with a target price of $25.10.

Scholastic Corp. creates and distributes innovative and quality educational materials for use in school – children's books, textbooks, magazines, technology and teacher materials and engaging and appropriate products for use at home – magazines, software, television programming, videos and toys. Scholastic is unique in its understanding of what kids want and need to read and learn. The company is a world leader in children's school book clubs and school book fairs, through which children purchase books and software. (PRESS RELEASE)

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