{"id":27834,"date":"2014-08-11T10:24:54","date_gmt":"2014-08-11T14:24:54","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=27834"},"modified":"2014-08-11T10:24:54","modified_gmt":"2014-08-11T14:24:54","slug":"bbt-corporation-nysebbt-upgrades-tyson-foods-inc-nysetsn-and-primoris-services-corp-nasdaqprim-shares","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/bbt-corporation-nysebbt-upgrades-tyson-foods-inc-nysetsn-and-primoris-services-corp-nasdaqprim-shares-27834","title":{"rendered":"BB&#038;T Corporation (NYSE:BBT) Upgrades Tyson Foods, Inc. (NYSE:TSN) And Primoris Services Corp (NASDAQ:PRIM) Shares"},"content":{"rendered":"<p style=\"text-align: justify;\">Boston, MA 08\/11\/2014 (wallstreetpr) \u2013 Investment and financial advisor <b>BB&amp;T Corporation (NYSE:BBT)<\/b> has upgraded the shares of food production company <b>Tyson Foods, Inc. (NYSE:TSN)<\/b> and specialty contractor <b>Primoris Services Corp (NASDAQ:PRIM)<\/b> shares. The brokerage action came in the wake of Tyson Foods reporting its results ten days ago and Primoris disclosing its financial results on August 7.<\/p>\n<p style=\"text-align: justify;\"><b>Rating of Shares<\/b><\/p>\n<p style=\"text-align: justify;\">BB&amp;T Corporation (NYSE:BBT) had lifted its rating on <a href=\"http:\/\/www.americanbankingnews.com\/2014\/08\/08\/tyson-foods-upgraded-to-buy-at-bbt-corp-tsn\/\">Tyson<\/a> Food shares to Buy on Friday from Hold based on valuation. However, the brokerage had left the price objective unchanged at $45. Based on the Friday\u2019s regular trading session closing price of $36.87, the stock still has upside potential of about 22%.<\/p>\n<p style=\"text-align: justify;\">Similarly, the financial advisor had lifted its rating on <a href=\"http:\/\/www.americanbankingnews.com\/2014\/08\/08\/primoris-services-corp-upgraded-to-buy-by-bbt-corp-prim\/\">Primoris<\/a> Services shares to Buy from hold on Friday. Another brokerage, DA <a href=\"http:\/\/tickerreport.com\/banking-finance\/273051\/primoris-services-corp-rating-increased-to-buy-at-da-davidson-prim\/\">Davidson<\/a> also boosted its rating to Buy from Neutral on the shares of Primoris. It had also increased its price objective by $1 to $32 from $31. This suggests that there is a possible upside reward of 11.7% based on Friday\u2019s closing price of $27.76 during the normal trading session.<\/p>\n<p style=\"text-align: justify;\"><b>Consensus Rating<\/b><\/p>\n<p style=\"text-align: justify;\">For Tyson Foods, Inc. (NYSE:TSN) shares, seven analysts have assigned a rating of Hold while six preferred a Buy rating, and one analyst advises Sell rating. Therefore, the consensus is in favor of a Hold rating with the average price objective of $42.80.<\/p>\n<p style=\"text-align: justify;\">On the other hand, Primoris Services Corp (NASDAQ:PRIM) shares get a consensus rating of Buy with four analysts preferring a Buy rating and only one analyst favoring Hold rating. The average price target for Primoris shares were $35.00, which means that there would be at least 25% upside potential.<\/p>\n<p style=\"text-align: justify;\"><b>Moving Averages<\/b><\/p>\n<p style=\"text-align: justify;\">Tyson Foods, Inc. (NYSE:TSN) share has 50-day and 200-day moving average <a href=\"http:\/\/finance.yahoo.com\/q\/ks?s=TSN+Key+Statistics\">prices<\/a> of $38.19 and $39.13 respectively with the stock hitting a high and a low of $44.24 and $27.33 respectively during the 52-week period.<\/p>\n<p style=\"text-align: justify;\">Similarly, <a href=\"http:\/\/finance.yahoo.com\/q\/ks?s=prim&amp;ql=1\">Primoris<\/a> share\u2019s moving average prices for 50-day and 200-day were $26.53 and $29.53 respectively. The stock had also hit a high of $33.42 and a low of $21.80 during the one-year period.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston, MA 08\/11\/2014 (wallstreetpr) \u2013 Investment and financial advisor BB&amp;T Corporation (NYSE:BBT) has upgraded the shares of food production company Tyson Foods, Inc. (NYSE:TSN) and [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":27835,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2236],"tags":[7788,7787,7792,7789,1128,7791,7790,1625,6886],"stock_ticker":[],"class_list":["post-27834","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-bbt-corporation","tag-bbt-corporation-nysebbt","tag-nasdaqprim","tag-nysebbt","tag-nysetsn","tag-primoris-services-corp","tag-primoris-services-corp-nasdaqprim","tag-tyson-foods-inc-nysetsn","tag-tyson-foods-inc","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BB&amp;T Corporation (NYSE:BBT) Upgrades Tyson Foods, Inc. 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