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Raymond James Downgrades Companhia Brasileira de Distrib (CBD) to Outperform

June 1, 2011 9:35 AM EDT
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Price: $0.45 --0%

Rating Summary:
    7 Buy, 0 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Raymond James downgraded shares of Companhia Brasileira de Distrib (NYSE: CBD) to an Outperform rating from its previous rating of Strong Buy. The firm is reiterating its price target of $55.

For more ratings news on Companhia Brasileira de Distrib click here and for the rating history of Companhia Brasileira de Distrib click here.

Shares of Companhia Brasileira de Distrib closed at $40.61 yesterday.


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