ADECOAGRO SA (AGRO) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of ADECOAGRO SA (AGRO) from NEUTRAL to UNDERPERFORM on May 23, 2012, with a target price of $8.40.

Adecoagro S.A. operates as an agricultural company in South America, with operations in Argentina, Brazil and Uruguay. The Company is engaged in farming crops and other agricultural products, cattle and dairy operations, sugar, ethanol and energy production and land transformation. Adecoagro S.A. is based in Luxembourg.

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