MATSON INC (MATX) Upgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research upgraded shares of MATSON INC (MATX) from UNDERPERFORM to NEUTRAL on September 03, 2012, with a target price of $23.30.

Matson, Inc. operates as an ocean transportation and logistics company. It offers shipping services in Hawaii, Guam, and Micronesia islands and expedited service from China to southern California. The company's logistics services consist of rail intermodal service, long haul and regional highway truckload services, less-than-truckload transportation, specialized hauling, flatbed, and project works, warehousing and distribution services, transloading, cross-dock services, and packaging services, and network analysis and freight management services. Matson, Inc., formerly known as Alexander & Baldwin Holdings, Inc., is headquartered in Honolulu, Hawaii.

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