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UPDATE: Cleveland Research Downgraded Tyson Foods

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Cleveland Research analyst Michael Piken downgraded Tyson Foods (NYSE: TSN) from Buy to Neutral and lowered the price target from $35 to $30.

Piken lowered his rating and price target due to weaker expectations for beef processing. Cleveland Research lowered the outlook across all of Tyson's segments.

Bloomberg's average price target for Tyson is $35. Tyson is down over the average three-month volume as much as 2.4%. Tyson Foods closed at $28.53 on Wednesday.

Latest Ratings for TSN

DateFirmActionFromTo
Sep 2014Goldman SachsReinstatesBuy
Aug 2014BB&T CapitalUpgradesHoldBuy
Jul 2014Credit SuisseMaintainsUnderperform

View More Analyst Ratings for TSN
View the Latest Analyst Ratings

Posted-In: Cleveland Research Michael PikenAnalyst Color Downgrades Price Target Analyst Ratings

 

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