Hormel Foods cuts annual sales forecast on lower turkey prices
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Goldman Sachs Reiterates Sell Rating on Hormel Foods (HRL)
September 5, 2024 5:08 AM EDTGoldman Sachs analyst Adam Samuelson reiterated a Sell rating and $28.00 price target on Hormel Foods (NYSE: HRL).
The analyst comments "Overall, our view on HRL remains largely unchanged following today's results. The muted near term earnings outlook continues to conflict with HRL's sustained... More
Hormel Foods (HRL) PT Lowered to $30 at BofA Securities, 'weaker top-line expectations'
September 4, 2024 4:00 PM EDTBofA Securities analyst Peter Galbo lowered the price target on Hormel Foods (NYSE: HRL) to $30.00 (from $32.00) while maintaining a Underperform rating.
The analyst comments "Hormel Foods (HRL) reported 3Q24 adj EPS of $0.37 in line with BofAe/Street. However, sales, volumes and operating income/margins... More
