Shares of Smithfield Foods (SFD +5.4%) bounce after Barclays initiates coverage with an Equal...

|About: Smithfield Foods Inc. (SFD)|By:, SA News Editor

Shares of Smithfield Foods (SFD +5.4%) bounce after Barclays initiates coverage with an Equal Weight rating and a $23 PT - marking a 15% upside potential for shares. The company's image will get a boost with the announcement it was the only food and beverage firm rated A+ for sustainability reporting.