Multiple 'Buy' calls from analysts, positive outlook on protein demand, retail sentiment cautious.

From Stocktwits: 2025-02-24 03:50:14

BofA analyst Peter Galbo and Citi initiate coverage of Smithfield Foods with ‘Buy’ ratings and price targets of $28 and $27 respectively. Goldman Sachs analyst Leah Jordan follows with a ‘Buy’ rating and a $32 price target. The company saw a 28% upside in its packaged meats segment compared to peers. Smithfield is the largest vertically integrated U.S. hog producer. Retail sentiment remains cautious on Stocktwits. Last month, Smithfield priced its IPO at $20 per share. The stock is up 6.9% year-to-date. For more information, visit the Smithfield Foods stock page on Stocktwits.



Read more at Stocktwits: Smithfield Foods Earns Multiple ‘Buy’ Calls On Protein Demand Boom, But Retail Yet To Buy In