JP Morgan Maintains Neutral on Tyson Foods, Lowers Price Target to $51
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Kenneth Goldman has maintained a Neutral rating on Tyson Foods (NYSE:TSN) and reduced the price target from $55 to $51.
November 14, 2023 | 6:59 pm
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NEGATIVE IMPACT
Tyson Foods' price target has been lowered from $55 to $51 by JP Morgan, while maintaining a Neutral rating.
A reduction in price target by a major analyst like JP Morgan can lead to a negative perception among investors, potentially causing a short-term dip in the stock price. The Neutral rating suggests no significant change in the company's outlook, but the lowered price target indicates a revision of expected performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100