BMO Downgrades Aracruz (ARA) to Underperform

May 21, 2008 8:18 AM EDT

BMO Capital downgrades Aracruz (NYSE: ARA) from Outperform to Underperform.

Aracruz Celulose S.A. engages in the production and sale of bleached hardwood kraft market pulp primarily in Brazil.


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ARA 51.00

-2.26 -4.24%
Volume: 505,463
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