Hormel Foods (HRL) Tops Q2 EPS by 1c; Boosts FY16 EPS Outlook; Will Acquire Justin’s, LLC
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Jefferies Cuts Price Target on Hormel Foods (HRL) to $40; Reiterates Hold Rating
May 19, 2016 10:02 AM EDTJefferies maintained a Hold rating on Hormel Foods (NYSE: HRL), and cut the price target to $40.00 (from $43.00), following the company's 2Q earnings report. Results in Specialty Foods were driven by lower input costs, operational synergies and favorable y/y comps. In addition,... More
Hormel Foods (HRL) puts more active than calls into Q2 and outlook
May 17, 2016 4:36 PM EDTHormel Foods (NYSE: HRL) May 40 straddle priced for 5.6% movement into Q2
... More