Tyson (TSN) PT Raised to $90 at BMO Capital
BMO Capital analyst Kenneth Zaslow raised the price target on Tyson (NYSE: TSN) to $90.00 (from $82.00) while maintaining a Outperform rating.
- EPS beat, flecting a lower tax rate.
- Stronger Pork and Prepared Foods profits offset weaker performance in Chicken
- TSN remains our “top pick” for 2019, as its earnings power, strong cash flow, attractive valuation, and optionality associated with African swine fever create a compelling investment opportunity
- increased F2020 outlook