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Fly News Breaks for May 3, 2018
PPC
May 3, 2018 | 09:09 EDT
Cleveland Research lowered its Q1 estimates for Pilgrim's Pride to reflect a slightly weaker than expected environment for breast meat and wing prices. The company's revised Q1 view is now slightly below consensus, while its lowered FY18 EPS forecast is slightly above consensus. The firm keeps a Neutral rating on Pilgrim's Pride.
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