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TSN

Tyson Foods

$66.52

1.64 (2.53%)

07:53
03/22/19
03/22
07:53
03/22/19
07:53

Tyson Foods recalls chicken strip produc ts due to possible contamination

Tyson Foods is recalling approximately 69,093 pounds of frozen, ready-to-eat chicken strip products that may be contaminated with extraneous materials, specifically pieces of metal, the U.S. Department of Agriculture's Food Safety and Inspection Service announced. The problem was discovered when FSIS received two consumer complaints of extraneous material in the chicken strip products. There have been no confirmed reports of adverse reactions due to consumption of these products. Anyone concerned about an injury or illness should contact a healthcare provider.

  • 06

    May

TSN Tyson Foods
$66.52

1.64 (2.53%)

12/11/18
JPMS
12/11/18
INITIATION
Target $60
JPMS
Neutral
Tyson Foods reinstated with a Neutral at JPMorgan
JPMorgan analyst Ken Goldman reinstated his Neutral rating on Tyson Foods with a $60 price target following a period of restriction. The analyst continues to worry about the chicken industry's planned capacity expansion over the next two years.
01/10/19
VERF
01/10/19
UPGRADE
VERF
Buy
Tyson Foods upgraded to Buy from Hold at Vertical Group
02/13/19
JEFF
02/13/19
NO CHANGE
JEFF
Underperform
Jefferies continues to view Sanderson as overvalued, prefers Tyson
Jefferies analyst Akshay Jagdale expects chicken supply to increase ~3% in 2019 driven by incremental capacity, breeder flock expansion, and improved productivity. The analyst, in a research note titled "Don't Count Your Chickens Before They Hatch," says that although chicken demand has "seemingly improved" over the past month, he remains skeptical about its sustainability given the abundance of competing protein supplies expected again in 2019. Jagdale prefers to own diversified chicken processor Tyson Foods (TSN) "at this point in the cycle" and continues to believe Sanderson Farms (SAFM) is overvalued.
03/04/19
SPHN
03/04/19
INITIATION
Target $78
SPHN
Overweight
Tyson Foods initiated with an Overweight at Stephens
Stephens analyst Ben Bienvenu started Tyson Foods with an Overweight rating and $78 price target, stating that he thinks shares are trading at an undeserved, discounted valuation. He likes its diversified product offering, "best in class" operations and "prudent" capital allocation, Bienvenu tells investors.

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