COVANTA HOLDING (CVA) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of COVANTA HOLDING (CVA) from OUTPERFORM to NEUTRAL on August 17, 2012, with a target price of $18.70.

Covanta Holding Corporation is an internationally recognized owner and operator of large-scale Energy-from-Waste and renewable energy projects and a recipient of the Energy Innovator Award from the U.S. Department of Energy's Office of Energy Efficiency and Renewable Energy. Covanta's Energy-from-Waste facilities provide communities with an environmentally sound solution to their solid waste disposal needs by using that municipal solid waste to generate clean, renewable energy.

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