Gabelli & Company Maintains Clarcor Hold (CLC)

Gabelli & Company maintained its Clarcor CLC Hold rating in a research note published today.

In the note, Gabelli & Company states, "As largely a provider of aftermarket goods, CLC has been and expects to continue to be able to pass on increased commodity costs to its customers. It foresees the biggest cost headwind to come from steel and resin products, and believes it will be able to defend margins should prices rise higher from here."

Shares of Clarcor were trading at $43.00 at the time of posting, up 0.94% from Thursday's market close.