Tyson Foods price target raised to $51 from $48 at HSBC

HSBC raised the firm’s price target on Tyson Foods to $51 from $48 and keeps a Reduce rating on the shares post the fiscal Q2 report. The company’s adjusted operating income and earnings beat consensus by 57% and 75%, respectively, the analyst tells investors in a research note. The firm says the “decent” results from beef and pork were offset by weak results from chicken.