Piper Sandler analyst Michael Lavery maintained a Hold rating on Tyson Foods (TSN – Research Report) today and set a price target of $44.00. The company’s shares closed yesterday at $45.62.
Lavery covers the Consumer Defensive sector, focusing on stocks such as General Mills, Campbell Soup, and Post Holdings. According to TipRanks, Lavery has an average return of 5.0% and a 51.30% success rate on recommended stocks.
In addition to Piper Sandler, Tyson Foods also received a Hold from BMO Capital’s Andrew Strelzik in a report issued today. However, yesterday, Bernstein maintained a Buy rating on Tyson Foods (NYSE: TSN).
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Based on Tyson Foods’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $13.14 billion and a GAAP net loss of $417 million. In comparison, last year the company earned a revenue of $13.74 billion and had a net profit of $537 million
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Tyson Foods (TSN) Company Description:
Founded in 1935 and based in Arkansas, Tyson Foods, Inc. is a food company, which is engaged in the production of processed food. It operates through the following segments: Chicken, Beef, Pork, and Prepared Foods.
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