B of A Securities Upgrades Tyson Foods to Neutral, Raises Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Bryan Spillane upgraded Tyson Foods (NYSE:TSN) from Underperform to Neutral and increased the price target from $47 to $62.
February 06, 2024 | 1:01 pm
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Tyson Foods was upgraded from Underperform to Neutral by B of A Securities, with a price target increase from $47 to $62.
The upgrade from Underperform to Neutral by a major analyst, along with a significant increase in the price target, suggests a positive outlook on Tyson Foods' stock. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100