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Which Food Stocks Had The Recipe For Revenue Growth In December?
Wednesday, December 27, 2017 - 3:19pm | 591Stephens analyzed the sales, volume, and pricing trends in the food industry for December, to find monthly trends for the major food categories and manufacturers. The report is based on market share data from Information Resources Inc., which now also includes data on convenience stores as well...
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Egg Price Rally Is A Boon For Cal-Maine
Tuesday, October 3, 2017 - 1:52pm | 440Reflecting an improving egg commodity cycle, Stephens upgraded shares of Cal-Maine Foods Inc (NASDAQ: CALM). The firm said the improvement is characterized by below-par production, stronger-than-expected demand and increasing export opportunities. As such, the firm upgraded the shares of the...
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Stephens Downgrades Tyson Foods, Sees Little Upside Left
Monday, December 7, 2015 - 10:48am | 307Tyson Foods, Inc. (NYSE: TSN) shares have climbed 29 percent year-to-date, and have surged in the last one months. Stephens’ Farha Aslam downgraded the rating on the company from Overweight to Equal-Weight, while raising the price target from $50 to $53. The valuation now reflects...
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Stephens Downgrades Tyson To Equal-Weight, Cites Valuation
Monday, December 7, 2015 - 10:12am | 378Tyson Foods, Inc. (NYSE: TSN) shares have appreciated 29.76 percent year-to-date, rising almost to their 52-week high on December 4. Stephens’ Farha Aslam downgraded the company's rating from Overweight to Equal-Weight, while raising the price target from $50 to $53. Aslam believes the...
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Cal-Maine Downgraded At Stephens: Here's Why
Tuesday, October 20, 2015 - 1:23pm | 375Cal-Maine Foods Inc (NASDAQ: CALM) shares are up 13 percent since July 21, even after hitting a low of $47.50 on August 24. Stephens’ Farha Aslam downgraded the rating on the company from Overweight to Equal-Weight, while establishing a price target of $65. Following the recent...
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Cal-Maine Is Down, But Specialty Eggs Give Shareholders Upside
Tuesday, September 29, 2015 - 8:01am | 310Cal-Maine Foods Inc (NASDAQ: CALM) shares have lost 8 percent since June 29, declining sharply by over 9 percent over the last 5 trading days. Stephens’ Farha Aslam maintained an Overweight rating on the company, with a price target of $65. Aslam believes that the pullback in shares...
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UPDATE: Stephens Downgrades Sanderson Farms on Effects of Fall in Chicken Pricing
Monday, October 21, 2013 - 10:56am | 186In a report published Monday, Stephens analyst Farha Aslam downgraded the rating on Sanderson Farms (NASDAQ: SAFM) from Overweight to Equal-Weight, and lowered the price target from $81.00 to $65.00. In the report, Stephens noted, “We are lowering our rating on Sanderson Farms to Equal-Weight from...
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Dean Foods (DF) Shares Plunge 16%
Wednesday, February 10, 2010 - 3:36pm | 141Shares of Dean Foods Co. (NYSE: DF) plunged as much as 16% after the company forecast 1st quarter and 2010 earnings below consensus analyst estimates. A Bloomberg survey of analysts showed an average estimate for 1st quarter profits of 41 cents per share. However, Dean Foods said that profits will...