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Fly News Breaks for January 28, 2020
TSN, PAHC
Jan 28, 2020 | 07:31 EDT
Barclays analyst Balaji Prasad upgraded Phibro Animal Health (PAHC) to Equal Weight from Underweight with a price target of $23, up from $18. The analyst sees limited risks from African Swine Fever and believes Phibro's underperformance versus peers and its current valuations price in weaker growth dynamics. Prasad also highlights Tyson Foods (TSN) as his top pick in U.S. Specialty Pharma and Americas Agribusiness.
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