Information Provided By:
Fly News Breaks for August 2, 2019
Aug 2, 2019 | 05:08 EDT
Mizuho analyst Jeremy Scott raised his price target for Pilgrim's Pride to $34 from $30 citing the company's "solid" Q2 results. U.S. chicken margins of 9.8% were the highlight, well above estimates despite softer retail demand and rising feed costs, Scott tells investors in a research note. He expects a breast meat price recovery led by demand at foodservice and maintains a Buy rating on Pilgrim's Pride shares.
News For PPC From the Last 2 Days
There are no results for your query PPC