LIMONEIRA CO (LMNR) Upgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research upgraded shares of LIMONEIRA CO (LMNR) from UNDERPERFORM to NEUTRAL on March 11, 2014, with a target price of $23.80.

Limoneira Company is an agribusiness and real estate development company. Its current operations consist of fruit production and marketing, real estate development and capital investment activities. Limoneira has three business segments: agribusiness, rental operations, and real estate development. The agribusiness segment includes its farming and lemon packing operations. The Company produces lemons, avocados, oranges, and other specialty crops. The rental operations segment includes housing, organic recycling, commercial and leased land operations. The real estate development segment includes its real estate projects and development. Limoneira Company is based in Santa Paula, California.

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