Zacks Investment Research downgraded shares of FERRO CORP (FOE) from OUTPERFORM to NEUTRAL on January 06, 2014, with a target price of $15.20.
FERRO CORP. is a worldwide producer of specialty materials for industry by organic and inorganic chemistry. It operates in 21 countries worldwide. Ferro produces a variety of specialty coatings, colors, ceramics, plastics, chemicals, and related products and services. Ferro's most important product is frit produced for use in porcelain enamels and ceramic glazes. Ferro specialty materials require a high degree of technical service on an individual customer basis.
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