STEELCASE INC (SCS) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of STEELCASE INC (SCS) from NEUTRAL to UNDERPERFORM on December 17, 2013, with a target price of $14.50.

Steelcase Inc. is a designer and manufacturer of products used to create high-performance work environments. Its product portfolio includes furniture systems, seating, storage, desks, casegoods, interior architectural products, technology products and related products and services. The company reports two geographic furniture segments: North America and International.

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