Zacks Investment Research downgraded shares of ALICO INC (ALCO) from NEUTRAL to UNDERPERFORM on August 22, 2012, with a target price of $29.20.
Alico, Inc. is an agribusiness company operating in Central and Southwest Florida. The company is involved in various operations and activities including citrus fruit production, cattle ranching, sugarcane and sod production, and forestry. The company also leases land for farming, cattle grazing, recreation, and oil exploration.
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