JPMorgan Trims Tyson Foods Target as Beef Pricing Scrutiny Lingers

JPMorgan lowered its price target on Tyson Foods to $65 from $71 on Friday, as the protein giant navigates competitive pressures and ongoing legal scrutiny. Shares traded near $57.83.

Tyson reported $13.7 billion in quarterly sales but continues to face class-action lawsuits over beef pricing practices, an overhang that has kept some investors cautious despite the company's scale advantages across chicken, beef, and pork.

For income-oriented holders, the stock's valuation reset leaves it trading well below the new target, with the next earnings report and any developments in the pricing litigation as key catalysts to watch.