Argus Research Maintains Buy on Pilgrims Pride, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Argus Research has maintained a Buy rating on Pilgrims Pride (NASDAQ:PPC) and raised the price target from $50 to $55, indicating a positive outlook for the company's stock.
August 28, 2024 | 1:33 pm
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Argus Research has maintained a Buy rating on Pilgrims Pride and increased the price target from $50 to $55, suggesting a positive short-term outlook for the stock.
The increase in the price target from $50 to $55 by Argus Research indicates a positive sentiment towards Pilgrims Pride's future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100