Tyson Foods raises full-year profit forecast as costs fall
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RBC Capital Raised Price target on Tyson Foods (TSN) Following 1Q16
February 8, 2016 6:57 AM ESTRBC Capital reiterated a Sector Perform rating on Tyson (NYSE: TSN), and raised the price target to $60.00 (from $53.00), following the company's 1Q earnings report. RBC increased FY16 and FY17 EPS estimates from $3.57 and $3.93 to $3.92 and $4.52. Tyson's Chicken segment margin of 13.6% was 100bps... More
