Zacks Investment Research downgraded shares of BRF-BRASIL FOOD (BRFS) from NEUTRAL to UNDERPERFORM on June 04, 2012, with a target price of $14.20.
BRF Brasil Foods SA, formerly Perdigao S.A., is a Brazil-based food company focused on the production and sale of poultry, pork, beef cuts, milk, dairy products, and processed food products. The Company's products include frozen whole and cut chickens frozen pork cuts and beef cuts processed food products, such as marinated frozen whole and cut chickens, roosters (sold under the Chester brand) and turkeys specialty meats, such as sausages, ham products, bologna, frankfurters, salamis, bacon and other smoked products frozen processed meats, such as hamburgers, steaks, breaded meat products, kibes and meatballs, and frozen processed vegetarian foods frozen prepared entrees, such as lasagnas and pizzas, as well as other frozen foods, including vegetables, cheese bread and pies dairy products, such as cheeses, powdered milk and yogurts juices, soy milk and soy juices margarine milk, and soy meal and refined soy flour, as well as animal feed.
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