UPDATE: Goldman Sachs Lowers Price Target On Tyson Foods To $20

According to Goldman Sachs, Tyson Foods TSN price target is lowered to $20. Goldman Sachs said that it is lowering the 4Q11 EPS estimates to $0.29 from $0.49 prior and the 2011- 2013 EPS estimates move to $1.92/$2.05/$2.20 from $2.01/$1.88/$2.04 prior. “We are Neutral as we remain concerned about grain inflation, but shares offer compelling value at 8.2 forward P/E.” Tyson Foods closed yesterday at $15.68.