Growing demand for meat will boost this stock, Mizuho says
By Liz Napolitano
Published on March 26, 2026.
Tyson Foods is predicted to benefit from increasing demand for animal proteins, despite increasing meat prices. Mizuho has initiated coverage of Tyson with an outperform rating and a $72 price target, suggesting a 17% increase in shares. The bank also noted that meat consumption is expected to grow by 47.9 million tonnes over the next decade, and red meat and poultry production could reach 108.4 billion pounds by the end of 2026, an increase of 1% from the previous year. Despite beef prices rising by 15% last year, Mizuko expects strong demand for meat to remain strong. The company's focus on improving its operations is also seen as a significant investment in improving supply chain and network optimization and robotics.
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