Meat processor Tyson Foods cuts profit forecast on mounting tariff pressures
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Tyson (TSN) PT Lowered to $70 at Piper Jaffray; 'Oversupply Weighs on Pricing, Outlook... Tariffs are Driving Down Export Demand'
July 31, 2018 7:43 AM EDTPiper Jaffray lowered its price target on Tyson (NYSE: TSN) to $70.00 (from $92.00) while maintaining a Overweight rating, following an update to the company's outlook on the shares.
Analyst Michael Lavery notes a cautious outlook on the shares, as TSN continues to restructure its portfolio... More
