Tyson Foods price target raised to $69 from $60 at Bernstein

Bernstein raised the firm’s price target on Tyson Foods (TSN) to $69 from $60 and keeps a Market Perform rating on the shares. The firm says that overall, Tyson’s Q1 2026 results came in better than expected, although the change to segment operating profit reporting that strips out corporate cost and amortization allocations distorts the detailed picture. Beef is clearly the weak link here, which missed even with the beneficial effect of the reporting change, Bernstein adds.