BMO Capital raised the firm’s price target on Pilgrim’s Pride (PPC) to $48 from $47 and keeps a Market Perform rating on the shares. Following the company’s Investor Day where the management outlined growth strategy and capital allocation priorities, the firm’s adjusted model raises 2025 EPS view by 5c to $5.36, reflecting strong U.S. margin environment, the analyst tells investors in a research note.
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Read More on PPC:
- Pilgrim’s Pride: Balancing Shareholder Returns and Growth Amid Market Challenges
- Pilgrim’s Pride Declares $6.30 Dividend Per Share
- Pilgrim’s Pride announces $6.30 per share special cash dividend
- Pilgrim’s Pride initiated with a Neutral at Grupo Santander
- Pilgrim’s Pride Corp Reports Strong Earnings with Strategic Growth
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