Piper Sandler Reaffirms “Neutral” on Tyson Foods (TSN) with $58 Price Target

Tyson Foods, Inc. (NYSE:TSN) is one of the best alternative meat stocks to invest in according to analysts. On July 7, Piper Sandler reiterated its “Neutral” rating on Tyson Foods stock and kept the price target at $58. Despite the announcement, Tyson’s shares were unmoved at just under $56, close to their 52-week low.

A chef in a kitchen preparing a fast food meal of chicken, pizza and burgers.

The primary concern that Piper Sandler highlighted is the “ongoing pressure in Tyson’s beef segment.” The analyst, Michael Lavery, noted that consensus estimates for beef margins remain approximately 100 basis points above Piper Sandler’s projections. This pressure is attributed to constrained cattle supply and challenging spreads. Lavery also pointed out that the supply situation for cattle is likely to worsen before it improves, with any significant boost to supply expected to take around 2 years to materialize.

Despite concerns over beef, Piper Sandler acknowledged improved chicken margins, adding $0.04 to fiscal third-quarter 2025 results. The firm revised its chicken margin upward by 50 basis points to 7.5%. The chicken and prepared foods segments are expected to drive near-term growth.

Tyson Foods, Inc. (NYSE:TSN) is one of the largest meat producers in the US, responsible for approximately 20% of the nation’s beef, pork, and chicken supply. The firm, through its venture capital arm, Tyson Ventures, has invested in key lab-grown meat startups including Memphis Meats (now UPSIDE Foods) and Future Meat Technologies (now Believer). Tyson’s direct financial backing of companies developing cultured meat from animal cells positions it among the early corporate supporters of lab-grown protein innovation.

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Disclosure: None. This article is originally published at Insider Monkey.