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Leggett & Platt Downgraded to "Hold" at Zacks

2015-05-29 03:24:31| Furniture - Topix.net

Zacks' analyst wrote, "After ending the final quarter of 2014 on a soft note, Leggett commenced 2015 on a high driven by solid volume gains and high margins, and posted positive earnings surprise of 8.7%. The company's top and bottom-line results improved year over year, following which it expects to generate record sales and EPS, along with highest EBIT margin in 2015.

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