POWELL INDS (POWL) Upgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research upgraded shares of POWELL INDS (POWL) from UNDERPERFORM to NEUTRAL on March 07, 2014, with a target price of $69.20.

Powell Industries, Inc. sells, designs, develops, manufactures, packages and services systems and equipment for the distribution, control and management of electrical energy and other dynamic processes. The principal products are switchgear and related equipment, bus duct and process control systems. These products and systems are utilized primarily by refineries, petrochemical plants, utilities, paper mills, offshore platforms, commuter railways, vehicular transportation and numerous other industrial, commercial and governmental facilities.

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