Smithfield Foods' Post-IPO Momentum: Morgan Stanley Sees Attractive Value In The Transformed Company

Morgan Stanley analyst Dara Mohsenian initiated coverage on Smithfield Foods Inc (NASDAQ:SFD) with an Overweight rating and a price forecast of $28.00. Since being acquired by WH Group in 2013, SFD has evolved into a more streamlined, profitable, and resilient protein business, achieved through…