JPMorgan Upgrades Tyson Foods to 'Overweight' with 20.66% Upside Potential
Tyson Foods (NYSE:TSN) has been upgraded by JPMorgan Chase & Co. from 'neutral' to 'overweight', according to a research note issued on Friday, Briefing.com reports.
The firm's target price for the stock is $63.00, indicating a potential upside of 20.66% from its previous close.
This upgrade comes amidst mixed analyst opinions on Tyson Foods. While JPMorgan Chase & Co. has upgraded the stock, other analysts have taken more bearish views. Bank of America cut their price target on shares from $70.00 to $68.00 and set a 'neutral' rating.