UPDATE: KeyBanc Capital Markets Upgrades Federal Signal to Buy Post Meetings with Management
Posted on December 03, 2012 at 14:11 PM EST
KeyBanc Capital Markets raised its rating on Federal Signal (NYSE: FSS ) from Hold to Buy and established a $9 price target. KeyBanc Capital Markets said, "Broadly speaking, we think that Mr. Martin and his team have taken and are taking a thoughtful and methodical approach toward pricing, operational