Tyson Foods Downgraded, Falls 5.1% (TSN)

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Shares of Springdale, Arkansas-based Tyson Foods, Inc.
TSN
are trading down 5.1% at $16.33 per share during the Monday afternoon trading session. The stock price fell after BMO Capital Markets downgraded the stock from Outperform down to a rating of Market Perform. The day's trading range for shares of Tyson Foods, Inc has been between $16.30 and $17.21 per share. Analysts covering Tyson Foods, Inc. (
TSN
) stock give it a consensus price target of $20.75 per share. Trading volume for Tyson Foods, Inc has been above average, with 7.1 million shares having been traded today, above the daily average volume of 4.6 million shares. Tyson Foods, Inc is one of the world's largest processors and marketers of chicken, beef and pork, the second-largest food production company in the Fortune 500 and a member of the S&P 500. The company produces a wide variety of protein-based and prepared food products and is the recognized market leader in the retail and foodservice markets it serves. Read more
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Posted In: DowngradesIntraday UpdateAnalyst RatingsMoversBMO Capital MarketsConsumer StaplesPackaged Foods & Meats
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