B of A Securities Downgrades Pilgrims Pride to Neutral, Maintains Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has downgraded Pilgrims Pride (NASDAQ:PPC) from Buy to Neutral, while maintaining the price target at $47.
August 15, 2024 | 10:38 am
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NEGATIVE IMPACT
B of A Securities has downgraded Pilgrims Pride from Buy to Neutral, while maintaining the price target at $47.
The downgrade from Buy to Neutral by B of A Securities suggests a less optimistic outlook on Pilgrims Pride's stock performance, which could lead to a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100