Goldman Sachs Maintains Sell on Hormel Foods, Lowers Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Adam Samuelson has maintained a 'Sell' rating on Hormel Foods (NYSE:HRL) and lowered the price target from $33 to $29.
October 13, 2023 | 12:37 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Goldman Sachs has maintained a 'Sell' rating on Hormel Foods and lowered the price target from $33 to $29.
The 'Sell' rating maintained by Goldman Sachs and the lowering of the price target indicates a negative outlook for Hormel Foods. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100