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Stock impact report

Stephens Turns Slightly More Positive on Hormel Foods (HRL) After Earnings [Yahoo! Finance]

Hormel Foods Corporation (HRL) 
Last hormel foods corporation earnings: 2/20 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.hormelfoods.com
Company Research Source: Yahoo! Finance
Hormel Foods Corporation (NYSE: HRL ) is included among the 14 Best Dividend Stocks to Invest in Under $50 Stephens Turns Slightly More Positive on Hormel Foods (HRL) After Earnings On February 27, Stephens raised its price recommendation on Hormel Foods Corporation (NYSE:HRL) to $27 from $25. It reiterated an Equal Weight rating on the shares. The firm said investors could become somewhat more constructive because of the strength seen in the Foodservice segment. Still, the analyst wrote in a post-earnings note that the firm would prefer to see clearer signs of lasting margin improvement in Retail “before taking a more decisive stance.” A day earlier, on February 26, the company reported quarterly sales that fell short of estimates. The results reflected a shift in consumer behavior, as many US shoppers moved toward lower-priced alternatives during a period of economic uncertainty. Hormel raised prices in fiscal 2025 to offset rising costs for commodities such as beef and pork. Show less Read more
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