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Analysts Offer Insights on Consumer Goods Companies: Tyson Foods (TSN) and McCormick & Company (MKC)

Analysts fell to the sidelines weighing in on Tyson Foods (TSNResearch Report) and McCormick & Company (MKCResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Tyson Foods (TSN)

In a report released today, Michael Lavery from Piper Sandler maintained a Hold rating on Tyson Foods, with a price target of $48.00. The company’s shares closed last Thursday at $54.04.

According to TipRanks.com, Lavery is a 4-star analyst with an average return of 6.1% and a 52.1% success rate. Lavery covers the Consumer Goods sector, focusing on stocks such as Mondelez International, The Hershey Company, and Vita Coco Company.

The word on The Street in general, suggests a Hold analyst consensus rating for Tyson Foods with a $48.83 average price target, which is a -9.4% downside from current levels. In a report issued on January 21, Goldman Sachs also maintained a Hold rating on the stock with a $45.00 price target.

See today’s best-performing stocks on TipRanks >>

McCormick & Company (MKC)

Stifel Nicolaus analyst Matthew Smith, CFA maintained a Hold rating on McCormick & Company today and set a price target of $70.00. The company’s shares closed last Thursday at $68.60.

According to TipRanks.com, CFA is a 4-star analyst with an average return of 8.1% and a 66.7% success rate. CFA covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Lamb Weston Holdings, and The Hershey Company.

Currently, the analyst consensus on McCormick & Company is a Hold with an average price target of $70.38, which is a 5.8% upside from current levels. In a report issued on January 22, Consumer Edge Research also downgraded the stock to Hold.

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