Andersons (ANDE -7.2%) is lowered to Neutral from Overweight by Piper Jaffray, which notes...


Andersons (ANDE -7.2%) is lowered to Neutral from Overweight by Piper Jaffray, which notes potential headwinds in H1 2012, including depressed ethanol production margins, lower margins in the plant nutrient segment, and a tight spread between cash prices and futures prices of grain. The firm lowers its price target for the shares to $45 from $55.

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