Tyson Foods price target raised to $58 from $55 at BMO Capital

BMO Capital raised the firm’s price target on Tyson Foods to $58 from $55 and keeps a Market Perform rating on the shares after its Q2 earnings beat. The company saw better results across segments, most significantly Beef, and the firm is expecting strong fundamentals to push Chicken profits toward the high end of guidance, though the ongoing Beef risks limit Tyson Foods’ earnings upside potential, the analyst tells investors in a research note.