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Article: BancBoston Robertson Stephens Downgrades MSM to a Market Performer Rating.
- Article from:
- PR Newswire
- Article date:
- June 18, 1999
CopyrightCOPYRIGHT 1999 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SAN FRANCISCO, June 18 /PRNewswire/ -- The following is being issued by BancBoston Robertson Stephens, a member of the National Association of Securities Dealers, CRD number 41271:
BancBoston Robertson Stephens senior information and business services analyst Andrew W. Jeffrey today downgraded MSC Industrial Direct Co., Inc. (NYSE: MSM), to a Market Performer rating from a Buy. The company, headquartered in Plainview, N.Y., is a direct distributor, serving small- to medium-sized businesses' industrial maintenance, repair and operations (MRO) needs.
"We are downgrading MSC Industrial Direct Co., Inc., from a Buy rating to a Market Performer, due to the ...