<< Read Full Article

Sanderson Farms Shares Fall On Analyst Downgrade

Stock quotes in this article: SAFM  

MILWAUKEE (AP) — Shares of Sanderson Farms Inc. tumbled on Tuesday after an analyst downgraded the stock, saying he continued to look positively on the chicken producer but the stock had to be downgraded after it passed his price target.

Shares fell $2.29, or 5.6 percent, to $38.68 in morning trading Tuesday.

JPMorgan analyst Ken Goldman lowered his rating on the Laurel, Miss.-based company to "neutral" from "overweight" after it hit his price target of $38. He told clients in a note the move was mainly related to valuation. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,405.83 1,102.35 2,190.86 34.82
Oil *
71.98
UP
68.78
UP
6.41
UP
7.13
UP
0.59
10 Yr
3.48%
SPDR Gold
110.82
+0.67%
+0.58%
+0.33%
+1.72%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services