Smithfield Foods "neutral weight," estimates raised
NEW YORK - Analyst John M McMillin of Prudential Financial reiterates his "neutral weight" rating on Smithfield Foods (SFD.NYS). The target price is set to $28. In a research note published yesterday, the analyst mentions that the company reported impressive F4Q operating results, driven by healthy hog production and pork processing.
10 June 2004
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