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ANNIES INC (BNNY) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of ANNIES INC (BNNY) from OUTPERFORM to NEUTRAL on August 07, 2012, with a target price of $47.00.

Annie's, Inc. is a natural and organic food company, which offers consumers products in packaged food categories. The Company's product lines include macaroni and cheese, snack crackers, fruit snacks and graham crackers. Annie's, Inc. markets and sells its product through mainstream grocery, mass merchandiser and natural retailer. It sells products in three primary product categories: meals, snacks, dressings, condiments and other. Annie's, Inc. is headquartered in Berkeley, California.

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