Sanderson Farms (SAFM) Tops Q4 EPS by $1.28

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Goldman Sachs Downgrades Sanderson Farms (SAFM) to Neutral

December 18, 2020 5:57 AM EST

Goldman Sachs analyst Adam Samuelson downgraded Sanderson Farms (NASDAQ: SAFM) from Buy to Neutral with a price target of $140.00.

The analyst comments "we see a more balanced risk/reward in shares post FY4Q20 results, with rising grain costs and an uneven recovery... More