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MATSON INC (MATX) Downgraded by Zacks to UNDERPERFORM

July 10, 2012 at 2:08 pm by in: Downgrades Comment  

Zacks Zacks Investment Research downgraded shares of MATSON INC (MATX) from NEUTRAL to UNDERPERFORM on July 10, 2012, with a target price of $24.10.

ALEXANDER & BALDWIN, INC. through its subsidiaries, is engaged principally in ocean transportation of goods between west coast of U.S., Hawaii, and Marshall Islands real estate ownership, development, management, sale & leasing agriculture and food production (growing of sugar cane & production of raw sugar & molasses) trucking and investments (including equity positions in other companies).

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