Mizuho started coverage on Tyson Foods (TSN) - Get Report with a "buy" rating and a price target of $71 on the stock. The firm sees greater upside potential for the packaged food company. The price target represents a potential 17% upside for the stock.
Shares of Tyson were up slightly on Thursday morning.
On Wednesday the company announced it entered into a merger agreement with AdvancePierre Foods (APFH) in a deal valued at $4.2 billion.
Tyson Foods is a Springdale, AR-based company offering chicken, beef, and pork products. Its brands include Tyson, Jimmy Dean, Hillshire Farm, Sara Lee, Ball Park, and more.
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