UPDATE: BMO Capital Markets Upgrades Hormel Foods on Multiple Positive Factors
July 12, 2013 at 10:42 AM EDT
In a report published Friday, BMO Capital Markets analyst Kenneth B. Zaslow upgraded the rating on Hormel Foods (NYSE: HRL ) from Market Perform to Outperform, and raised the price target from $41.00 to $49.00. In the report, BMO Capital Markets noted, “We are upgrading HRL to Outperform from Market
