PIKE ELECTRIC (PIKE) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of PIKE ELECTRIC (PIKE) from OUTPERFORM to NEUTRAL on April 30, 2013, with a target price of $16.60.

Pike Electric is one of the largest third-party providers of outsourced electric distribution and transmission services in the United States. Their core activities consist of the maintenance, upgrade and extension of electric distribution and sub-500 kilovolt, or kV, transmission powerlines for more than 150 electric utilities, cooperatives and municipalities.

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