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Stock Market & Financial Investment News

News Breaks
May 30, 2014
08:33 EDTSAFMSanderson Farms price target raised to $90 from $80 at Stephens
Stephens raised its price target on Sanderson Farms to $90 following the company's Q2 report, but the firm maintains its Equal Weight rating on the stock, which it believes is properly reflecting the company's long-term earnings potential.
News For SAFM From The Last 14 Days
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March 31, 2015
18:39 EDTSAFMPilgrim's Pride may be ready for a big acquisition, Bloomberg says
Pilgrim’s Pride (PPC), which last year dropped out of the bidding for Hillshire Brands, may look to acquire Sanderson Farms (SAFM), or to buy the Midwestern brands owned by Smithfield Foods, or to purchase Oaktree Capital-owned AdvancePierre Foods, Bloomberg Real M&A speculates. Reference Link
March 25, 2015
11:58 EDTSAFMStephens food/agribusiness analyst holds analyst/industry conference call
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08:57 EDTSAFMJBS S.A. weighing IPO for U.S. unit, Bloomberg reports
The world’s biggest meat producer, JBS S.A. (JBSAY), is mulling plans for an initial public offering of its U.S. unit, according to Bloomberg, citing two people with direct knowledge of the matter. Other publicly traded companies in the meat production space include Hormel Foods (HRL), Pilgrim's Pride (PPC), Sanderson Farms (SAFM) and Tyson Foods (TSN). Reference Link

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