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The Honolulu Advertiser

Posted at 10:28 a.m., Friday, July 20, 2007

Alexander & Baldwin downgraded by Wachovia analyst

Advertiser Staff

Alexander & Baldwin Inc., the owner of Matson Navigation and real estate in Hawai'i, was downgraded to ``market perform'' from ``outperform'' by

analyst Christopher P Haley at Wachovia Securities, according to Bloomberg News.

Haley's price target is $57.50 per share.