Citi analyst Thomas Palmer raised the firm’s price target on Tyson Foods (TSN) to $60 from $59 and keeps a Neutral rating on the shares ahead of the fiscal Q2 report on May 5. The firm models a 4c earnings per share beat, driven by upside in chicken. Tyson could boost its outlook for chicken profit but reiterate total company profit, the analyst tells investors in a research note.
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