Market Overview

UPDATE: Cleveland Research Downgraded Tyson Foods

Related TSN
Pivotal Research Initiates Coverage On Tyson Foods At Buy
Benzinga's Top Initiations
A 'Big and Strong' Stock Play (Fox Business)

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
Dec 2014Pivotal ResearchInitiates Coverage onBuy
Nov 2014JP MorganMaintainsOverweight
Oct 2014JP MorganReinstatesOverweight

View More Analyst Ratings for TSN
View the Latest Analyst Ratings

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

 

Related Articles (TSN)

Around the Web, We're Loving...

Get Benzinga's Newsletters