OI SA (OIBR) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of OI SA (OIBR) from OUTPERFORM to NEUTRAL on February 28, 2014, with a target price of $2.00.

Oi S.A. provides telecommunication services in Brazil. It provides a portfolio of communication products that include regular fixed and mobile telephony services, data transmission (including broadband), ISP and other services. The Company provides its services to homes, small, medium and large corporate users, government agencies and other telecommunication companies. Oi S.A., formerly known as Brazil Telecom S.A., is based in Brazil.

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