Tesla stock has gained following a price target upgrade. TheStreet’s Corey Goldman reported that the stock gained after Jefferies analysts upgraded their rating, predicting the stock will rally 22% over the next 12 months.
Tyson Foods posted stronger-than-expected Q2 earnings on Monday morning, positively impacting shares.
“We delivered a strong performance in a strong protein market,” said Tyson Foods CEO Donnie King. “With trusted brands that met strong consumer demand, we have delivered 12 consecutive quarters of share gains in core business lines at retail."
Sanderson Farms is being acquired by a Cargill and Continental Grain Co. joint venture in a deal valued at $4.53 billion.