Tyson Foods is a leading food production company that specializes in processing and marketing a diverse range of protein-based products, including beef, pork, and chicken
The company is also involved in the manufacturing of prepared foods, which encompass packaged meals, deli meats, and other convenience items. By focusing on sustainable practices and high-quality sourcing, Tyson Foods caters to both retail and food service customers, aiming to meet the growing global demand for nutritious and convenient food options. With a commitment to innovation, Tyson Foods continues to adapt to changing consumer preferences and market trends, positioning itself as a key player in the protein industry.
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Piper Sandler analyst Michael Lavery upgraded Tyson Foods to Neutral, maintaining a $58 price target. The company exceeded expectations with a 9.1% Chicken EBIT margin in Q1, the highest since FY2018.
