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Stock impact report

Pilgrim's Pride Corporation (PPC) PT Reduced at BMO Capital Amid Rising Feedstock and Energy Costs [Yahoo! Finance]

Pilgrim's Pride Corporation (PPC) 
Last pilgrim's pride corporation earnings: 4/29 05:12 pm Check Earnings Report
US:NYSE Investor Relations: ir.pilgrims.com/investor-relations
Company Research Source: Yahoo! Finance
TheFly reported on March 25 that BMO Capital adjusted its price target on PPC to $40 from $42 while maintaining a Market Perform rating. The update reflects revisions to the firm's Agribusiness & Protein commodities models, incorporating changes in feedstock costs, elevated energy expenses, and a rebound in U.S. beef margins in March following weaker levels in February. These adjustments were detailed in the firm's broader research note, which highlights the evolving cost environment and margin recovery within the poultry and protein sectors. Pilgrim's Pride Corporation (PPC) PT Reduced at BMO Capital Amid Rising Feedstock and Energy Costs Separately, on March 30, Pilgrim's Pride Corporation (NASDAQ:PPC) initiated a cash tender offer for up to $250 million in principal of its 6.250% Senior Notes due 2033. The offer allows holders to submit Notes for early or late acceptance, with total consideration calculated based on a fixed spread plus accrued interest. Notes tendered before t Show less Read more
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