Home Smithfield Foods Rating Increased to Neutral at Bank of America
 

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Smithfield Foods Rating Increased to Neutral at Bank of America

2013-03-11 17:32:59| Food - Topix.net

The firm currently has a $26.00 target price on the stock. The analysts wrote, "We are upgrading Smithfield from Underperform to Neutral despite mixed fundamentals as there has been increased pressure on management to create shareholder value which we believe could drive the stock higher in the near-intermediate term.

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