BofA reduces its rating on Tyson Foods (TSN) and Smithfield Foods (SFD) to Underperform from Buy...

|About: Tyson Foods Inc. (TSN)|By:, SA News Editor

BofA reduces its rating on Tyson Foods (TSN) and Smithfield Foods (SFD) to Underperform from Buy with corn prices higher and demand for protein unstable. It's a bit of a late call with both names already beat back over the last few weeks as the nation's Midwest has seen scorching temperatures, but analysts with the firm see even more downside ahead.