tiprankstipranks
Pilgrim’s Pride price target lowered to $28 from $29 at Barclays
The Fly

Pilgrim’s Pride price target lowered to $28 from $29 at Barclays

Barclays lowered the firm’s price target on Pilgrim’s Pride to $28 from $29 and keeps an Overweight rating on the shares. The analyst believes Q1 marked the turning point for chicken in the U.S. While the recovery is slower than initially anticipated, Pilgrim’s remains the "single best pick to get involved in the broader protein space in the Americas," the analyst tells investors in a research note.

Published first on TheFly

See today’s best-performing stocks on TipRanks >>

Read More on PPC:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles