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A number of stock research firms have changed their ratings and price targets for Tyson Foods (NYSE: TSN) during the last seven days:

  • Tyson Foods had its price target raised by analysts at BMO Capital Markets from $43.00 to $50.00. They now have an “outperform” rating on the stock.
  • Tyson Foods had its price target raised by analysts at Credit Suisse from $35.00 to $38.00. They now have an “underperform” rating on the stock.
  • Tyson Foods was upgraded by analysts at Miller Tabak from a “hold” rating to a “buy” rating.
  • Tyson Foods had its price target raised by analysts at KeyCorp from $46.00 to $48.00. They now have a “buy” rating on the stock.
  • Tyson Foods had its “neutral” rating reaffirmed by analysts at Zacks. They now have a $40.00 price target on the stock. Zacks‘ analyst wrote, “Tyson Foods has delivered mixed results for third-quarter fiscal 2014 as adjusted earnings of $0.75 per share missed the Zacks Consensus Estimate by 9.6% in spite of increasing 8.7% year over year. Sales were however better increasing 11.0% year over year as well as beating the Zacks Consensus Estimate by 4.3%. Overall, we are encouraged by Tyson’s initiatives to improve the business segments. We believe the company can meet its long-term target to maintain business momentum and achieve double-digit earnings growth backed by strong focus on its value added products. However the company expressed concerns regarding the dearth of domestic availability of chicken and pork in the near future. Moreover, Tyson fears the supply constraint will restrict the company fro meeting the growing demand of protein in international market. Again, livestock diseases, higher input prices and constrained consumer discretionary environment due to ongoing macroeconomic challenges are matters of concern. “

Shares of Tyson Foods, Inc. (NYSE:TSN) traded up 0.09% on Tuesday, hitting $37.275. The stock had a trading volume of 1,011,822 shares. Tyson Foods, Inc. has a 1-year low of $27.33 and a 1-year high of $44.24. The stock has a 50-day moving average of $38.11 and a 200-day moving average of $39.37. The company has a market cap of $13.999 billion and a P/E ratio of 13.55. Tyson Foods also saw some unusual options trading on Monday. Stock investors bought 8,146 call options on the stock. This represents an increase of 463% compared to the typical volume of 1,448 call options.

Tyson Foods, Inc is a food production company. The Company produces, distributes and markets chicken, beef, pork, prepared foods and related allied products.

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