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blue-chip

One NYSE – Listed Food Processing Stock at Resistance Level: Tyson Foods Inc

Apr 09, 2024 | Team Kalkine
One NYSE – Listed Food Processing Stock at Resistance Level: Tyson Foods Inc

TSN
Investment Type
Large-cap
Risk Level
Action
Rec. Price (US$)

Tyson Foods Inc

Company Overview: Tyson Foods, Inc. (NYSE: TSN) is a food company. The Company has a broad portfolio of products and brands, such as Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, Aidells, ibp and State Fair. Its segments include beef, pork, chicken and prepared foods.

As per our previous US Daily report published on ‘TSN’ on 09th May 2023, Kalkine provided a ‘Buy’ stance on the stock at USD 48.39 based on “Latest quarterly results, upside indicated by valuation, and key risks associated with the business and the stock price has now moved by ~22.69% since then and the price has crossed resistance 1 and resistance 2.

Noted below are the details of support and resistance levels provided in our previous report:

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