JP Morgan Downgrades Hormel Foods to Neutral, Lowers Price Target to $23

Benzinga Newsdesk www.benzinga.com Negative 91.7%

Neg 91.7% Neu 0% Pos 0%

JP Morgan analyst Thomas Palmer downgrades Hormel Foods (NYSE:HRL) from Overweight to Neutral and lowers the price target from $28 to $23.