Zacks Investment Research downgraded shares of VIASYSTEMS GRP (VIAS) from NEUTRAL to UNDERPERFORM on June 19, 2012, with a target price of $14.00.
Viasystems Group, Inc. is a worldwide provider of complex multi-layer, rigid printed circuit boards (PCBs) and electro-mechanical solutions (E-M Solutions) to Original Equipment Manufacturers (OEMs). Viasystems offers a cost-competitive, global outsourcing solution for manufacturers of high-quality, high-value products which utilize an advanced electro-mechanical design. The Company's production facilities can produce complex printed circuit boards, large format backplanes and assemblies, custom sheet metal and enclosures, cabinets, racks and sub racks and electro-mechanical integration/system assemblies. Viasystems supports the entire life cycle of a product from design for manufacturing efficiency to prototyping to low-cost, high-volume production. Its technical support centers around the globe assist customers launch new products and technology in low cost regions of the world. Viasystems Group, Inc. is headquartered in St. Louis, Missouri.
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