Hormel Foods (HRL) May weekly option implied volatility into quarter results

Go back to Hormel Foods (HRL) May weekly option implied volatility into quarter results

JPMorgan Upgrades Hormel Foods (HRL) to Neutral

May 30, 2024 4:38 PM EDT

JPMorgan analyst Thomas Palmer upgraded Hormel Foods (NYSE: HRL) from Underweight to Neutral with a price target of $29.00 (from $28.00).

The analyst comments "Following this mornings earnings and subsequent stock decline (as of this writing, HRL is -9% vs. SPX -1%), we are upgrading the HRL shares to Neutral from Underweight, as we no... More

Hormel Foods (HRL) PT Lowered to $33 at Citi

May 30, 2024 4:04 PM EDT

Citi analyst Thomas Palmer lowered the price target on Hormel Foods (NYSE: HRL) to $33.00 (from $35.00) while maintaining a Neutral rating.

The analyst comments "Following an EPS beat but sales shortfall (initial take), the HRL shares were down 8.7% at time of writing (vs.... More