Barclays Maintains Overweight on Pilgrims Pride, Lowers Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Benjamin Theurer maintains an Overweight rating on Pilgrims Pride (NASDAQ:PPC) but lowers the price target from $28 to $27.
June 01, 2023 | 11:20 am
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Barclays maintains an Overweight rating on Pilgrims Pride (NASDAQ:PPC) and lowers the price target from $28 to $27.
The news directly mentions Pilgrims Pride (NASDAQ:PPC) and the lowered price target by Barclays analyst Benjamin Theurer. While the Overweight rating is maintained, the lowered price target may have a neutral impact on the stock price in the short term as it indicates a slight decrease in the expected future value of the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100