Hormel Foods cuts annual sales forecast on lower turkey prices
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Nasdaq futures drop over 2% as AI buildout costs, Fed rate outlook weigh
- Nasdaq 100 set to shed over $1 trillion as tech selloff deepens; SpaceX slides
- Oil prices fall as investors focus on Hormuz flows after peace talks
- SpaceX slides, tech stocks dip — what’s moving markets
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Goldman Sachs Reiterates Sell Rating on Hormel Foods (HRL)
September 5, 2024 5:08 AM EDTGoldman Sachs analyst Adam Samuelson reiterated a Sell rating and $28.00 price target on Hormel Foods (NYSE: HRL).
The analyst comments "Overall, our view on HRL remains largely unchanged following today's results. The muted near term earnings outlook continues to conflict with HRL's sustained... More
Hormel Foods (HRL) PT Lowered to $30 at BofA Securities, 'weaker top-line expectations'
September 4, 2024 4:00 PM EDTBofA Securities analyst Peter Galbo lowered the price target on Hormel Foods (NYSE: HRL) to $30.00 (from $32.00) while maintaining a Underperform rating.
The analyst comments "Hormel Foods (HRL) reported 3Q24 adj EPS of $0.37 in line with BofAe/Street. However, sales, volumes and operating income/margins... More
