JP Morgan Maintains Neutral on Tyson Foods, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Kenneth Goldman maintains a Neutral rating on Tyson Foods (TSN) and raises the price target from $51 to $55.
February 01, 2024 | 2:36 pm
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JP Morgan analyst Kenneth Goldman maintains a Neutral rating on Tyson Foods and raises the price target from $51 to $55.
The increase in the price target from $51 to $55 by a reputable analyst suggests a positive outlook on the stock's value, potentially leading to short-term price appreciation. However, the Neutral rating indicates that the analyst sees the stock as fairly valued at its current price, balancing out the impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 90