BofA raised the firm’s price target on Smithfield Foods (SFD) to $32 from $29 and keeps a Buy rating on the shares. Q4 showed “quality upside” and the company gave a FY26 outlook above the Street, the analyst tells investors. The firm continues to view pork as “the most attractive cycle protein,” supported by measured supply growth and structurally improving profitability across the chain, the analyst added.
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