Credit Suisse Group Raises Hormel Foods Corporation (NYSE:HRL) Target Price To $ 39.00

Credit Suisse Group maintains Hormel Foods Corporation (NYSE:HRL) at Neutral rating, while revising the price target. The research firm raises target price to $ 39.00 up from previous mark of $ 33.00.

According to the previous trading day, closing price of HRL was $ 44.95, representing a 41.75 % increase from the 52 week low of $ 31.71 and a 2.83 % decrease over the 52 week high of $ 46.26.

Hormel Foods Corporation has a market capital of $ 24.19 billion and is part of the Consumer Defensive sector and Packaged Foods industry.