Tyson Foods (TSN): Price Target and June Short Interest Disclosure

Tyson Foods (TSN) : 7 investment research analysts covering Tyson Foods (TSN) have an average price target of $71 for the near short term. The highest target price given by the Brokerage Firm to the stock is $80 and the lowest target is $65 for the short term. Analysts expect the variance to be within $5.42 of the average price.

Tyson Foods (TSN) stated loss of 1,005,812 shares or 6.6% in the short interest. The short interest registered from 15,330,011 on June 15,2016 to 14,324,199 on June 30,2016. In terms of floated shares, the shorted positions stood at 4.9%. The stock has been averaging 4,174,024 shares daily in trading and would need 3 days to cover the shorts. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.

Also, BMO Capital downgrades their rating on the shares of Tyson Foods (NYSE:TSN). The current rating of the shares is Market Perform. Earlier, the shares were rated a Outperform by the brokerage firm. The rating by the firm was issued on June 6, 2016.


Tyson Foods (NYSE:TSN): stock turned positive on Thursday. Though the stock opened at $68.92, the bulls momentum made the stock top out at $69.985 level for the day. The stock recorded a low of $68.615 and closed the trading day at $69.85, in the green by 0.92%. The total traded volume for the day was 2,177,847. The stock had closed at $69.21 in the previous days trading.

Tyson Foods, Inc., is a food production company. The Companys operations are conducted in five segments: Chicken, Beef, Pork, Prepared Foods and International. Chicken, includes domestic operations related of raising and processing live chickens into fresh, frozen and value-added chicken products, and sales of allied products. Beef, includes operations related to processing live fed cattle and fabricating dressed beef carcasses into primal and sub-primal meat cuts and case-ready products. Pork, includes operations related to processing live market hogs and fabricating pork carcasses into primal and sub-primal cuts and case-ready products. Prepared Foods, includes operations related to manufacturing and marketing frozen and refrigerated food products and logistics operations of products through the supply chain. International, includes foreign operations related to raising and processing live chickens into fresh, frozen and value-added chicken products in across countries.

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