Tyson Foods stock hits 52-week high after beating Q2 earnings and revenue estimates.

Tyson Foods reported strong fiscal Q2 results, surpassing adjusted earnings expectations with $0.87 per share versus $0.78 forecast and revenue of $13.65 billion, slightly above estimates. Piper Sandler maintained an "Overweight" rating and raised the price target to $80 from $75, reflecting confidence in the company's outlook. The stock rose 4.74% to a new 52-week high of $66.81, driven mainly by strong performance in its chicken segment despite challenges in the beef division due to high cattle costs. Investors responded positively, signaling trust in Tyson's ability to manage costs and grow revenue.