BNP Paribas Maintains Neutral on Hormel Foods, Lowers Price Target to $23
BNP Paribas analyst Max Gumport maintains Hormel Foods (NYSE:HRL) with a Neutral and lowers the price target from $26 to $23.
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Why It Matters
A big bank analyst thinks Hormel stock is fairly balanced, not great or bad. They lowered their price target guess from $26 to $23, suggesting they see less upside ahead.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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