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Tyson, Pilgrim's Pride shares get lift from upgrade

by 5m Editor
11 July 2006, at 12:00am

NEW YORK - Shares of the nation's two largest poultry producers, Tyson Foods Inc. and Pilgrim's Pride Corp., rose sharply Monday after an analyst upgrade, citing stocks that look cheap by historical measures and improving economics in the meat industry. Tyson, of Springdale, Ark., saw its shares add 5.7%, or 83 cents, to close at $15.28. Pilgrim's Pride, of Pittsburgh, Texas, rose 6%, or $1.52, to finish at $26.94.

5m Editor