Tyson Foods A 'Hold' After Recent Rebound: Vetr

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Shares of Tyson Foods, Inc. TSN lost about 8.9 percent of their value on October 7, after Pivotal Research downgraded the stock to Sell, issuing a price target of $40, which implied tremendous downside from the stock’s price above $74. At that time, the Vetr crowd also rated the stock a Sell (2.5 Stars).

Related Link: Here's How Crowdsourced Ratings Can Beat The Market

However, the stock has managed to recuperate, rebounding more than 3 percent since October 10. This seems to have led the Vetr crowd to upgrade the stock on Thursday, from 2.5 Stars (Sell) to 3.0 Stars (Hold) – out of a possible 5 Stars rating.

However, it should be noted that, while 60 percent of the crowd’s ratings are bullish at the time, its average price target of $68.87 implies a downside potential of more than 1.5 percent.

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Posted In: UpgradesPrice TargetCrowdsourcingAnalyst RatingsGeneralVetr
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