Sanderson Farms (SAFM) Q3 Revenue Misses Views

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Sanderson Farms (SAFM) PT Lowered to $101 at Mizuho Securities

August 24, 2018 7:12 AM EDT

Mizuho Securities analyst Jeremy Scott lowered the price target on Sanderson Farms (NASDAQ: SAFM) to $101.00 (from $105.00) while maintaining a Neutral rating following the company's 3Q earnings report. SAFM reported EPS of $0.50 vs the Street's expectation of $1.16. Mizuho Securities lowered FY18/19 to $2.70/5.00 from $4.26/5.64.

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