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Why Analysts Prefer Tyson Over Sanderson Farms
Tuesday, October 31, 2017 - 9:43am | 638Showing its preference for Tyson Foods, Inc. (NYSE: TSN) over Sanderson Farms, Inc. (NASDAQ: SAFM), KeyBanc Capital Markets initiated coverage of the former with an Overweight rating and the latter with a Sector Weight rating. The firm's price target for Tyson Foods is $82, while it has no...
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Can New Promotions Rescue Buffalo Wild Wings?
Thursday, October 26, 2017 - 8:43am | 666Throughout most of 2017, shares of Buffalo Wild Wings (NASDAQ: BWLD) faced heavy selling pressures amid a heightened promotional environment, rising chicken wing prices and an activist campaign that resulted in the resignation of its CEO Sally Smith. But shares of Buffalo Wild Wings were trading...
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Sanderson Farms Downgraded After Stock Adds 40% In 3 Months
Monday, October 2, 2017 - 1:52pm | 363After a 40-percent gain in three months, analysts at Mizuho Securities feel it is prudent to no longer hold a bullish stance on Sanderson Farms, Inc. (NASDAQ: SAFM). The firm's Jeremy Scott downgraded Sanderson Farm's stock rating from Buy to Neutral but with a price target boosted from $151 to $...
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Of Hurricanes And Chicken Wings: A B-Dubs Story
Tuesday, September 19, 2017 - 3:09pm | 424A revision to Buffalo Wild Wings (NASDAQ: BWLD)'s financial model is necessary to reflect promotional changes, the impact of hurricanes Harvey and Irma, and chicken wing prices, analysts at Canaccord Genuity commented in a research report. The firm's Lynne Collier maintains a Hold rating on...
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Blending Biotech And Carnivorous Cravings: Slaughter-Free Meat Producer Gets Startup Money From Cargill, Bill Gates, Tesla
Sunday, August 27, 2017 - 8:14pm | 556Imagine meat that comes not from a livestock farm or brutal poultry factory, but is genetically engineered to grow in a laboratory without actually killing animals. It sounds far-fetched, but Cargill Inc (the biggest privately held company in the country) is joining Microsoft Corporation (NASDAQ:...
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B-Dubs' Fundamentals Still Challenged But Upside Still Possible
Thursday, July 27, 2017 - 11:43am | 706Buffalo Wild Wings (NASDAQ: BWLD)'s stock is flirting with the $100 per share mark for the first time since 2013. This level is on the back of the restaurant chain's second-quarter earnings report, which disappointed investors. But not all analysts on the Street are ready to throw in the...
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Buffalo Wild Wings Spokesperson: Insider Transactions Highlighted By Marcato Are 'Executed Under Preexisting Plans'
Friday, March 10, 2017 - 1:22pm | 564Buffalo Wild Wings (NASDAQ: BWLD), which is facing serious fundamental issues with wing price inflation the chief among them, is up against a graver threat. Nothing More Than What Meets The Eyes Activist investor Marcato is breathing down its neck, taking it to task for insiders selling shares...
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Wings Clipped: How Chicken Wings Became Chicken Wing Restaurants' Biggest Headwind
Friday, March 10, 2017 - 9:54am | 710Wing price inflation is taking the wind out of the sails of chicken wing restaurants. And the proof is there to see, with some big names in the space reporting abysmal fourth-quarter results, blaming them on wing price inflation. Chicken wing frenzy reaches the peak during the football season,...
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Subway Chicken Contains Less Than 55% Chicken DNA
Tuesday, February 28, 2017 - 3:39pm | 357It shouldn't come as a surprise to many that the amount of chicken in many fast food menu items isn't anywhere close to 100 percent. Canada's CBC Marketplace oversaw a DNA analysis of various chicken items sold at different fast food restaurants. The analysis was conducted at Trent University's...
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Is Tyson Foods Bawking The Chicken Trend?
Wednesday, February 8, 2017 - 1:19pm | 693Tyson Foods, Inc. (NYSE: TSN) and Buffalo Wild Wings (NASDAQ: BWLD) reported over the last couple of days financial results for their fourth quarter. Tyson Foods managed to hold itself above the waters despite a regulatory probe overhang. That said, Buffalo Wild Wings managed to succumb to...
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Bearish Sell-Side Analyst On Tyson Foods Earnings
Monday, November 21, 2016 - 4:44pm | 375Investors of Tyson Foods, Inc. (NYSE: TSN) have got a lot on their plate with the company’s below par earnings, weak FY 2017 guidance and CEO Donnie Smith stepping down in a mere 40 days. Quarter, In Review Following are the key highlights from Tyson’s quarterly results: Tyson Foods...
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Players In Chicken Industry Face A Tough End To 2016
Monday, November 21, 2016 - 4:15pm | 317Tyson Foods, Inc. (NYSE: TSN) shares are plummeting 13.8 percent on Monday following disappointing Q4 earnings guidance from the company and the surprise departure of CEO Donnie Smith. The downward revision to guidance is particularly surprising considering that Tyson had previously raised its 2016...
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Investors Fly The Coop Amid Tyson Turmoil
Monday, November 21, 2016 - 12:33pm | 481Tyson Foods, Inc. (NYSE: TSN) shares have resumed the selloff it witnessed last Thursday in reaction to a Washington Post report that dwelt upon a Georgia Department of Agriculture memo. Reactionary Drops In reaction to the revelation, shares of major meat companies fell last Thursday: Pilgrim's...
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Buffalo Wild Wings Hoping Wing Price Inflation Will Peak In October
Monday, October 10, 2016 - 11:24am | 376BMO Capital Markets said it continues to believe that Buffalo Wild Wings (NASDAQ: BWLD)'s wing price inflation is nearing peak levels and that the outlook for wing prices remains favorable. Rising Wing Price Inflation Analyst Ryan Royce noted that wing prices remained inflationary this week, as it...
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Firmer Chicken Pricing Encourages CLSA To Upgrade Sanderson Farms To Buy
Thursday, August 18, 2016 - 2:19pm | 318CLSA has upgraded Sanderson Farms, Inc. (NASDAQ: SAFM) to Buy from Outperform, as it gains confidence that the company can sustain its margins in FY17. "The outlook for chicken margins has improved and the trough in 2017, if we can still call it that, now has a strong safety net," analyst Jeremy...