Zacks Investment Research downgraded shares of CPI AEROSTRUCTR (CVU) from NEUTRAL to UNDERPERFORM on July 10, 2012, with a target price of $10.50.
CPI Aerostructures, Inc. is comprised of two distinct entities: CPI Aerostructures, Inc. and Kolar, Inc. CPI is engaged in contract production of structural aircraft parts and sub-assemblies for the commercial and military sectors of the aircraft industry. In connection with its commercial assembly operations, CPI provides engineering, technical and program management services to its customers. Kolar manufactures precision machine parts and sub-assemblies for the electronics industry, including computer and microwave device manufacturers.
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