Tyson Foods price target raised to $57 from $56 at Citi

Citi raised the firm’s price target on Tyson Foods to $57 from $56 and keeps a Neutral rating on the shares post the fiscal Q1 report. The analyst is a “bit surprised” the shares rallied so much considering most investors anticipated a beat and Tyson’s updated guidance assumes limited flow-through of the Q1 strength to subsequent quarters. Citi came out of the earnings report with a view of the shares little changed. Beef remains a challenge, which might not change over the next couple of years, says the firm.