Hormel Foods Corporation (NYSE:HRL) is included among the 13 Best Blue Chip Stocks to Buy Under $50. Hormel (HRL) Featured in Barclays’ Forward Look at Agriculture and Protein Demand On December 9, Barclays cut its price target on Hormel Foods Corporation (NYSE:HRL) to $31 from $30 as it outlined its view for the Americas agribusiness sector. However, the firm maintained an Overweight rating on the shares. Barclays expects the agriculture market to deliver mixed results next year. The firm is more optimi ...