Zacks Investment Research downgraded shares of NORTHWEST PIPE (NWPX) from OUTPERFORM to NEUTRAL on August 02, 2012, with a target price of $26.10.
Northwest Pipe Company manufactures welded steel pipe in two business segments. In its Water Transmission business, they are a supplier of large diameter, high-pressure steel pipe used primarily for water transmission. In its Tubular Products business, they manufacture smaller diameter, electric resistance welded steel pipe for use in a wide range of construction, agricultural, energy and industrial applications.
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