BANRO CORP (BAA) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of BANRO CORP (BAA) from NEUTRAL to UNDERPERFORM on May 23, 2012, with a target price of $3.70.

Banro is a Canadian-based gold exploration company focused on the development of its four wholly-owned properties in the South Kivu and Maniema provinces of the Democratic Republic of the Congo.

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