As previously reported, Piper Sandler upgraded Tyson Foods (TSN) to Neutral from Underweight with an unchanged price target of $58 as the firm now views the stock as trading “around fair value.” Tyson reported “much better than expected” fiscal Q1 EPS and the firm expects Q2 and Q3 EBIT to “likely be solid,” says the analyst, who raised the firm’s FY25 EPS view to $3.93 from $3.45. However, the firm says “there is more risk and uncertainty in future quarters” and maintains its FY26 EPS forecast of $4.55.
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