Barclays Trims Hormel (HRL) Target as Agriculture Outlook Turns Uneven

Hormel Foods Corporation (NYSE:HRL) is included among the 14 Best Dividend Aristocrats to Invest in Heading into 2026. Barclays Trims Hormel (HRL) Target as Agriculture Outlook Turns Uneven On December 9, Barclays lowered its price target on Hormel Foods Corporation (NYSE:HRL) to $30 from $31 while keeping an Overweight rating. The move came as part of the firm’s 2026 outlook for the Americas agribusiness group. Barclays expects agriculture markets to deliver uneven results next year. The firm prefers se ...