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Fly News Breaks for September 1, 2015
CALM
Sep 1, 2015 | 08:51 EDT
BB&T analyst Brett Hundley upgraded yesterday morning Cal-Maine Foods to Buy from Hold with a $62 price target. The producer and marketer of shell eggs closed the day up 6%, or $2.87, to $53.12. Hundley cited increased confidence that Cal-Maine will benefit from recent industry price strength and he believes the company will not be impacted by the recent spread of bird flu. He recommended using the recent pullback in shares as a buying opportunity.
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