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Benzinga
Benzinga
Business
Priya Nigam

Piper Sandler Downgrades Kellogg And Tyson Foods

Consumers are cutting back spending, even on basic goods, due to elevated levels of inflation, according to Piper Sandler.

The Tyson Foods Thesis: Analyst Michael Lavery downgraded the rating for Tyson Foods Inc (NYSE:TSN) from Neutral to Underweight, while reducing the price target from $87 to $81.

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