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Smithfield Foods Inc.
SFD
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-31.05%
in
454 days
Smithfield Foods, Inc., together with its subsidiaries, engages in the processing of pork and production of hog in the United States and internationally. It offers fresh pork to retail customers as unprocessed, trimmed cuts, such as butts, loins, picnics, and ribs; and packaged meat products, including smoked and boiled hams, bacon, sausage, hot dogs, deli and luncheon meats, pepperoni, and dry meat products, as well as ready-to-eat, prepared foods, such as pre-cooked entrees, and pre-cooked bacon and sausage. The company also engages in the production of hogs; and turkey production and hat...
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From the Blogosphere
Analyst upgrades, downgrades and initiations: ADBE, H, HAL, TOL, TROW, TSN ...
Filed under: Analyst reports, Analyst upgrades and downgrades, Analyst initiations Analyst upgrades:
<> Citigroup upgraded FPL Group (FPL) to buy from hold on valuation and recommends buying the stock into the staff recommendation. The firm raised its target on shares to $58 from $55. Deutsche Bank upgraded Smithfield Foods (SFD) to buy from hold as it believes the company's fundamentals and export demand outlook are improving. The firm raised its target on shares to $20 from $12. <>Credit Suisse upgraded T. Rowe Price (TROW) to outperform from neutral and raised its target to $60 from>>...
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Notable Analyst Rating Changes 11/11: SMI, TOL, SFD, MCHP Upgraded; PCLN, SNV, RHIE, ADBE, SIGM, HUM Downgraded
UPGRADES:Bank of America upgrades Semi Manufacturing International (NYSE: SMI) from Underperform to Neutral. Wells Fargo Securities upgrades Toll Brothers, Inc. (NYSE: TOL) Market Perform to Outperform with a $24-$26 valuation. Click Here for more color.Deutsche Bank upgrades Smithfield Foods (NYSE: SFD) from Hold to Buy and raised their price target from $12 to $20. Click Here for more color.Goldman Sachs upgraded Microchip Technology Inc. (NASDAQ: MCHP) from Sell to Neutral. Click Here for more color.For daily real-time Upgrades go to http://www.streetinsider.com/UpgradesDOWNGRADES:Cre...
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Company News for November 11, 2009 – Corporate Summary
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• Goldman Sachs (NYSE:GS) added Cytec Industries (NYSE:CYT) to its Conviction Sell List, with a target of $31. The analyst warned of the bleak outlook for the late-cycle aerospace industry, and economic uncertainties in Europe, which represents 40% of sales • JP Morgan (NYSE:JPM) plans to reinstate 401K matching programs starting with 2009 as well as plans to hire 1,200 mortgage officers • Yahoo (NASDAQ:YHOO) CEO Bartz said the company is hiring again as the firm expects to increase its operating profit margin to the 15-20% range on cost cutting and sales growth <>• Adobe Systems (NAS><>><>><>><>><>><>><>>< /><><>< />><>< />><>< />>>< />...
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Swine flu hits pigs -- will pork panic follow?
The 5 Largest Food Retailer Shorts
Post holiday season as investors get back to their desks, it's evident that M&A activity is back on the agenda as the market digests news of Kraft Foods (KFT) offer to acquire Cadbury's (CBY). The bid is perceived as hostile and it's expected that more news will emerge as we step through the coming month. This event has prompted interest in the sector and Dataexplorers highlights the following short positions: <>As of Sept 11th, the names with the largest short interest were; Smithfield Foods Inc (SFD), Treehouse Foods Inc (THS), Green Mountain Coffee (GMCR), Cal Maine Foods Inc (CALM), and D>...
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