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Enter Symbol:
Rating: SCS
Mkt Perform

Steelcase Inc. (NYSE: SCS) downgraded to Mkt Perform by Raymond James

Wednesday,  Dec 23, 2015  10:25 AM ET by Betsy O'Brien Harrison

Raymond James downgraded Steelcase Inc. (NYSE: SCS) to Mkt Perform.
Previously Raymond James downgraded to Steelcase Inc. (NYSE: SCS) to Outperform on 03/15/2013, when the stock price was $15.41.

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.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.

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