UPDATE: Stephens Downgrades Sanderson Farms on Effects of Fall in Chicken Pricing
October 21, 2013 at 10:56 AM EDT
In a report published Monday, Stephens analyst Farha Aslam downgraded the rating on Sanderson Farms (NASDAQ: SAFM ) from Overweight to Equal-Weight, and lowered the price target from $81.00 to $65.00. In the report, Stephens noted, “We are lowering our rating on Sanderson Farms to Equal-Weight from Overweight as profitability
