BRFS - BRF S.A. stock price dipped 10% as Citi downgrades to Neutral PT lowered
- BRF S.A. ( NYSE: BRFS ) downgraded to Neutral from Buy with a price target of R$18, down from R$29 by Citi analyst Sergio Matsumoto.
- The analyst downgrades the shares pending a "profitability turnaround" under the new CEO.
- Company is given a SA Author rating of Buy and a Wall Street rating of Hold
- Stock tumbles 10% on news.
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BRF S.A. stock price dipped 10% as Citi downgrades to Neutral, PT lowered