Barclays Maintains Overweight on Pilgrims Pride, Raises Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Benjamin Theurer maintains an Overweight rating on Pilgrims Pride (NASDAQ:PPC) and raises the price target from $29 to $35.
February 27, 2024 | 2:40 pm
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Barclays analyst Benjamin Theurer maintains an Overweight rating on Pilgrims Pride and raises the price target from $29 to $35.
The increase in price target by Barclays, a major financial institution, signals a strong confidence in Pilgrims Pride's future performance. This endorsement is likely to positively influence investor sentiment and potentially increase the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100