Mizuho lowered the firm’s price target on JBS (JBS) to $22 from R$55 and keeps an Outperform rating on the shares. The firm adjusted targets in the food producer group ahead of the Q2 reports. Low stock valuations in the sector are attractive but are overshadowed by growth concerns, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JBS:
- U.S. Beef Is Back on the Menu in Australia and This Could Fire Up Tyson and Hormel Stock
- Analysts See Over 45% Upside in These 3 Dividend Stocks – 7/17/2025
- JBS price target raised to $20.50 from $18.50 at JPMorgan
- JBS Usa Holdings LLC put volume heavy and directionally bearish
- Largest borrow rate increases among liquid names