Zacks Investment Research downgraded shares of FRESH DEL MONTE (FDP) from NEUTRAL to UNDERPERFORM on March 05, 2013, with a target price of $25.00.
Fresh Del Monte Produce Inc. is a world leader in the production, distribution and marketing of fresh produce. The products are marketed throughout the world under the DEL MONTE brand name and is a widely recognized symbol of product quality and reliability. The major products are bananas, pineapples, deciduous fruit and melons. The deciduous fruit the company sells includes primarily grapes, plums, nectarines, peaches, apricots, cherries, apples, pears and citrus.
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