Tyson Foods (TSN) Tops Q2 EPS by 11c; Boosts FY16 EPS Outlook

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RBC Capital Raises Estimates on Tyson Foods (TSN) Following 2Q Beat - PT to $68

May 10, 2016 7:02 AM EDT

RBC Capital reiterated a Sector Perform rating on Tyson Foods (NYSE: TSN), and raised the price target to $68.00 (from $65.00), following the company's 2Q earnings beat. RBC increased FY16 and FY17 EPS estimates from $4.02 and $4.45 to $4.25 ($4.06 consensus) and $4.68 ($4.31 consensus). The changes can be attributed to... More