Tyson Foods rises as Smithfield Foods acquires Nathan's Famous
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 26 Jan 26
Source: Barron's
Tyson Foods Inc (TSN) saw a price increase of 3.00% during regular trading, reaching a 20-day high.
The rise in TSN's stock price comes amid the announcement that Smithfield Foods has acquired Nathan's Famous for $450 million, which is expected to enhance competition in the packaged foods sector. This acquisition is anticipated to strengthen Smithfield's market position, potentially benefiting Tyson Foods as well.
The implications of this acquisition could lead to increased market dynamics in the packaged foods industry, prompting Tyson Foods to adapt its strategies in response to the evolving competitive landscape.
Analyst Views on TSN
Wall Street analysts forecast TSN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TSN is 65.20 USD with a low forecast of 58.00 USD and a high forecast of 75.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
2 Buy
4 Hold
0 Sell
Moderate Buy
Current: 64.600
Low
58.00
Averages
65.20
High
75.00
Current: 64.600
Low
58.00
Averages
65.20
High
75.00
About TSN
Tyson Foods, Inc. is a food company. The Company has a portfolio of iconic products and brands, including Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, State Fair, Aidells and ibp. Its segments include Beef, Pork, Chicken and Prepared Foods. The Beef segment includes operations related to processing live-fed cattle and fabricating dressed beef carcasses into primal and sub-primal meat cuts and case-ready products. Its Pork segment includes operations related to processing live market hogs and fabricating pork carcasses into primal and sub-primal cuts and case-ready products. The Chicken segment includes domestic operations related to raising and processing live chickens into, and purchasing raw materials for fresh, frozen and value-added chicken products and sales from specialty products. The Prepared Foods segment includes operations related to manufacturing and marketing frozen and refrigerated food products and logistics operations to move products through the supply chain.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
