Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Hormel Foods (HRL – Research Report) and Petco Health and Wellness Company (WOOF – Research Report). Hormel Foods (HRL) In a report released today, Thomas Palmer from J.P. Morgan maintained a Hold rating on Hormel Foods, with a price target of $47.00. The company's shares closed last Thursday at $47.37. According to TipRanks.com, Palmer is ranked #2580 out of 8160 analysts. Currently, the analyst consensus on Hormel Foods is a Hold with an average price target of $48.17, implying a 2.5% upside from current levels.
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