Raymond James Downgrades Aracruz (ARA) to Market Perform

May 16, 2008 7:56 AM EDT

Raymond James downgrades Aracruz (NYSE: ARA) from Outperform to Market Perform.

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


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ARA 72.30

+0.30 +0.42%
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