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

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