Stephens analyst Pooran Sharma lowered the firm’s price target on Tyson Foods (TSN) to $61 from $63 and keeps an Equal Weight rating on the shares. Prepared Foods came in slightly lower than the firm’s expectations and Stephens thinks results in this segment could come in below the mid-point of FY25 guidance. With Beef headwinds persistently on the horizon, the firm thinks “it would be prudent to take a cautious stance,” the analyst added in a post-earnings note.
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