Gabelli & Company Maintain Tennant Hold (TNC)

Gabelli & Company maintained its Tennant (NYSE: TNC) Hold rating in a research report published today.

In the report, Gabelli & Company states, "With commodity (copper, steel, lead) prices moving higher at a fast pace, TNC will likely announce price increases in the near future. It might be difficult to remain at price cost parity in 2011."

Shares of Tennant closed Tuesday at $40.32, reflecting no change from last Friday's market close.