HRL Hormel FoodsWatchlist
About Hormel Foods Company
Hormel Foods Corp. engages in the manufacturing and marketing of branded food products. It operates through the following segments: Retail, Foodservice, and International. The Retail segment consists of the processing, marketing, and sale of food products sold predominantly in the retail market. The Foodservice segment includes the processing, marketing, and sale of food and nutritional products for foodservice, convenience store, and commercial customers. The International segment focuses on processing, marketing, and selling company products internationally. The company was founded by George A. Hormel in 1891 and is headquartered in Austin, MN.
Goldman Sachs Maintains Sell on Hormel Foods, Lowers Price Target to $26
Goldman Sachs analyst Adam Samuelson maintains Hormel Foods (NYSE:HRL) with a Sell and lowers the price target from $29 to $26.
Hormel Foods Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 11/30/2023 -14.94% Goldman Sachs $29 → $26 Maintains Sell 10/16/2023 1.41% JP Morgan $36 → $31 Maintains U
Piper Sandler Keeps Their Hold Rating on Hormel Foods (HRL)
The unofficial start of third-quarter earnings season comes on Friday, with results from several big banks. $Citigroup(C.US)$, $JPMorgan(JPM.US)$, and $Wells Fargo & Co(WFC.US)$ will all reporting before the market opens, as will $Blackrock(BLK.US)$ and ...