Tyson Foods (TSN) Upgraded at Keybanc Capital Markets

Tyson Foods (TSN) has been upgraded today by the research analysts at Keybanc Capital Markets.  Keybanc also set a price target of $23 on TSN.  TSN traded up and finished trading today at $18.76.

Tyson Foods is slated to release their next earnings report on August 8, 2011 and is estimated to post EPS of 43 cents.  Their last earnings report was released on May 9, 2011 and announced EPS of 42 cents with revenue totaling 8 billion which was up 15.7 % year to year.  TSN is currently trading between its 50 & 200-day moving averages and 2011 is currently an up year for the company.

Tyson Foods, Inc. and its subsidiaries are one of the world’s largest meat protein companies and the second-largest food production company in the Fortune 500 with one of the most recognized brand names in the food industry  The company has market capitalization of $5,713,000,000 and 309,000,000  shares outstanding.  TSN has a 52-week high of $20.12 with the low being $14.59.

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