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UPDATE: Pilgrim's Pride (PPC) Price Target Raised to $20 at Stephens

June 7, 2013 11:36 AM EDT
Get Alerts PPC Hot Sheet
Price: $35.88 -0.33%

Rating Summary:
    6 Buy, 9 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 11 | Down: 12 | New: 13
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(Updated - June 7, 2013 12:36 PM EDT)

Stephens today maintained an Overweight rating on Pilgrim's Pride (NASDAQ: PPC) and raised its price target to $20.00 (from $13.00). Analyst Farha Aslam said he thinks May was the best profit month in the chicken industry ever. As a result, he thinks Pilgrim's Pride is likely to significantly outperform consensus EPS estimates.

For an analyst ratings summary and ratings history on Pilgrim's Pride click here. For more ratings news on Pilgrim's Pride click here.

Shares of Pilgrim's Pride closed at $11.58 yesterday.


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