Home Leggett & Platt, Inc. (LEG) Rating Lowered to Hold at Zacks Investment Research
 

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Leggett & Platt, Inc. (LEG) Rating Lowered to Hold at Zacks Investment Research

2016-01-19 02:06:44| Furniture - Topix.net

According to Zacks, "Driven by solid volume gains across most businesses and record EBIT margins, Leggett posted better-than-expected third-quarter 2015 earnings, which encouraged management to raise its 2015 earnings outlook. However, the company's significant global presence exposes it to various risks associated with operating internationally.

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