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Enter Symbol:
Rating: HRL
Buy $66

Hormel Foods Corporation (NYSE: HRL) upgraded to Buy with price target $66 by Deutsche Bank

Thursday,  Aug 20, 2015  1:25 PM ET by Betsy O'Brien Harrison

Deutsche Bank upgraded Hormel Foods Corporation (NYSE: HRL) to Buy with price target $66. Previously Deutsche Bank upgraded to
Hormel Foods Corporation (NYSE: HRL) to Hold with price target $53 on 11/21/2014, when the stock price was $54.14. Since then, Hormel Foods Corporation's stock price has gained 18% as of 08/20/2015's recent price of $63.65.

Hormel Foods Corporation is a multinational manufacturer and marketer of consumer-branded meat and food products, many of which are among the best known and trusted in the food industry. Products manufactured by the corporation include hams, bacon, sausages, franks, canned luncheon meats, stews, chilies, hash, meat spreads, shelf-stable microwaveable entrees, salsas and frozen processed foods. These selections are sold to retail, foodservice and wholesale operations under many well-established trademarks some include BLACK LABEL, CHI-CHI'S, DINTY MOORE, & HORMEL.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.

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