Smithfield Foods’ pork business set to rise as chicken and beef producers struggle: analyst - MarketWatch
1. SFD exited its quiet period after a recent IPO. Analysts initiated buy ratings. 2. BofA and UBS set target prices at $28 and $26. They praised the business model. 3. Favorable pork market supports solid margins. Smithfield leads the U.S. fresh pork market. 4. IPO raised $522M amid a strong financial profile. Potential challenges include diseases and tariffs.