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Tyson Foods Downgraded, Removed From JP Morgan Focus List

2015-10-26 13:41:08| Food - Topix.net

Shares of Tyson Foods, Inc. have surged 22.74 percent in the last six months, hitting a high of $47.44 on October 23. JP Morgan's Ken Goldman has downgraded the rating on the company from Overweight to Neutral, with a price target of $47. While removing the stock from JP Morgan's Analyst Focus List, Goldman mentioned that the strength in the share price suggests that there would be limited near-term upside.

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