Zacks Investment Research downgraded shares of TOWER INTL INC (TOWR) from OUTPERFORM to NEUTRAL on July 20, 2012, with a target price of $12.10.
TA Delaware, Inc. is engaged in the manufacture of engineered structural metal components and assemblies primarily serving automotive original equipment manufacturers. It offers its automotive customers body-structure stampings, frame and other chassis structures, as well as complex welded assemblies, for small and large cars, crossovers, pickups and SUVs. Its manufacturing operations consist primarily of stamping and welding operations, system and modular assembly operations, coating, and other ancillary operations. The Company uses various grades and thicknesses of steel and aluminum including high-strength, hot- and cold-rolled, galvanized, organically coated, stainless, and aluminized steel for the manufacture of its products. TA Delaware, Inc. is headquartered in Livonia, Michigan.
Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.
To get a free copy of the research report on TOWER INTL INC (TOWR),
click here.
For more information about research offerings from Zacks Investment Research, visit
Zacks.com .
Be the first to comment