Barclays Maintains Underweight on Tyson Foods, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Benjamin Theurer maintains an Underweight rating on Tyson Foods (NYSE:TSN) and lowers the price target from $52 to $50.
June 01, 2023 | 11:19 am
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NEGATIVE IMPACT
Barclays analyst maintains an Underweight rating on Tyson Foods and lowers the price target from $52 to $50.
The lowered price target from Barclays indicates a bearish outlook on Tyson Foods. This news may negatively impact the stock price in the short term as it suggests that the analyst believes the stock is overvalued at its current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100