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Tyson Foods (TSN): Cutting PT To $75 - Jefferies

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RBC Capital Updates Estimates on Tyson Foods (TSN) Following 4Q - PT to $68

November 22, 2016 7:42 AM EST

RBC Capital maintained a Sector Perform rating on Tyson Foods (NYSE: TSN), and cut the price target to $68.00 (from $75.00), following the company's 4Q earnings report. RBC cut FY17 and FY18 EPS estimates from $5.02 and $5.46 to $4.80 and $5.13.

Analyst David Palmer commented, "We are lowering our... More