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Stephens Lowers Hormel Foods (NYSE:HRL) Price Target to $25.00
Stephens analysts have reduced their price target for Hormel Foods (NYSE:HRL) from $27.00 to $25.00, while maintaining an “equal weight” rating. This adjustment implies a modest 2.84% upside from the stock’s previous close. Despite beating EPS expectations for its latest quarter, Hormel Foods’ revenue slightly missed forecasts, contributing to a “Hold” consensus rating among analysts.