ENGLOBAL CORP (ENG) Upgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research upgraded shares of ENGLOBAL CORP (ENG) from UNDERPERFORM to NEUTRAL on July 17, 2012, with a target price of $1.60.

ENGlobal Corporation provides engineering, automation systems, field inspection, and land management and regulatory services principally to the petroleum refining, petrochemical, pipeline, production, and process industries throughout the United States and internationally. It has very quickly become one of the fastest growing engineering firms in the United States. From its roots as a small, local engineering and design company to its current position as an international organization, ENGlobal has always focused on providing innovative, cost-effective solutions. ENGlobal is organized to meet the total needs of our clients, from a single individual for an in-plant assignment to large EPCm projects.

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