ENCORE WIRE CP (WIRE) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of ENCORE WIRE CP (WIRE) from NEUTRAL to UNDERPERFORM on July 31, 2012, with a target price of $26.80.

Encore Wire Corporation is a low-cost manufacturer of copper electrical building wire and cable. The Company is a significant supplier of both residential wire for interior electrical wiring in homes, apartments and manufactured housing, as well as building wire for electrical distribution in commercial and industrial buildings.

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