Pilgrim's Pride Stock Surges on Grupo Santander Upgrade
Update: 2025-12-12
Description
Pilgrims Pride, a chicken producer, saw a three percent share increase after Grupo Santander upgraded its stock rating from neutral to outperform, despite slightly lowering its price target to fifty-six dollars. The stock, which has been down sixteen percent this year, is now trading thirty percent below its fifty-two-week high. However, long-term investors would still see a significant return, with a one thousand dollar investment five years ago now worth nineteen hundred and twenty-two dollars.
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