SANDERSON FARMS (SAFM) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of SANDERSON FARMS (SAFM) from OUTPERFORM to NEUTRAL on March 20, 2013, with a target price of $58.00.

Snderson Farms Inc. is a fully-integrated poultry processing company engaged in the production, processing, marketing and distribution of fresh and frozen chicken products. The company sells ice pack, chill pack and frozen chicken, in whole, cut-up and boneless form, primarily under the Sanderson Farms7 brand name to retailers, distributors, and fast food operators principally in the southeastern, southwestern and western United States.

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