Upgrades Neutral Overweight X

HRL Hormel Foods

JP Morgan

$34

Initiated Buy X

HRL Hormel Foods

Goldman

$35

Upgrades Underperform Neutral X

HRL Hormel Foods

BNP Paribas Exane

$30

Upgrades Underperform Neutral X

HRL Hormel Foods

BofA Securities

$35

Initiated Underperform X

HRL Hormel Foods

Exane BNP Paribas

$28

Resumed Equal-Weight X

HRL Hormel Foods

Stephens

$31

Upgrades Neutral Buy X

HRL Hormel Foods

Citigroup

$33 $37

Upgrades Underweight Neutral X

HRL Hormel Foods

JP Morgan

$28 $29

Downgrades Buy Hold X

HRL Hormel Foods

Argus

Downgrades Neutral Underweight X

HRL Hormel Foods

JP Morgan

$47 $38

Downgrades Neutral Sell X

HRL Hormel Foods

Goldman

$44

Upgrades Hold Buy X

HRL Hormel Foods

Argus

$57

Upgrades Underweight Neutral X

HRL Hormel Foods

JP Morgan

$42

Downgrades Neutral Sell X

HRL Hormel Foods

Goldman

$37 $35

Downgrades Neutral Underweight X

HRL Hormel Foods

JP Morgan

$40 $36

Initiated Equal-Weight X

HRL Hormel Foods

Stephens

Downgrades Buy Hold X

HRL Hormel Foods

Jefferies

Initiated Neutral X

HRL Hormel Foods

JP Morgan

$41

Downgrades Overweight Eq-Weight X

HRL Hormel Foods

Stephens

Upgrades Hold Buy X

HRL Hormel Foods

Jefferies

HRL  Hormel Foods Corporation

Hormel Foods Corporation is engaged in the production of a range of meat and food products. The Company operates through five segments: Grocery Products, which is engaged in the processing, marketing and sale of shelf-stable food products sold for the retail market; Refrigerated Foods, which consists of the processing, marketing and sale of branded and unbranded pork, beef, chicken and turkey products for retail, foodservice and fresh product customers; Jennie-O Turkey Store (JOTS), which consists of the processing, marketing and sale of branded and unbranded turkey products for retail, foodservice and fresh product customers; Specialty Foods, which consists of the packaging and sale of nutritional and private label shelf-stable products to industrial, retail and foodservice customers, and International & Other, which includes Hormel Foods International Corporation, which manufactures, markets and sells the Company products internationally.