Piper Sandler Maintains Neutral on Hormel Foods, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Michael Lavery has maintained a Neutral rating on Hormel Foods (NYSE:HRL) and lowered the price target from $41 to $35.

October 13, 2023 | 2:13 pm
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NEUTRAL IMPACT
Piper Sandler has maintained a Neutral rating on Hormel Foods and lowered the price target from $41 to $35.
The news directly pertains to Hormel Foods as Piper Sandler has maintained a Neutral rating on the company and lowered the price target. This could potentially impact investor sentiment and the stock's price in the short term, although the Neutral rating suggests that the overall outlook for the stock remains unchanged.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100