TEXAS INDS (TXI) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of TEXAS INDS (TXI) from NEUTRAL to UNDERPERFORM on January 06, 2014, with a target price of $64.90.

Texas Industries, Inc., is a leading supplier of construction materials through two business segments: cement, aggregate and concrete products and structural steel and specialty bar products. Through the CAC segment, TXI produces and sells cement, stone, sand and gravel, expanded shale and clay aggregate and concrete products. Through its Steel segment, TXI produces and sells structural steel,piling products, specialty bar products, merchant bar-quality rounds, reinforcing bar and channels.

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