Cal-Maine Foods Faces Earnings Headwind Due to Rising Feed Costs
Rising feed costs are expected to create a new challenge for Cal-Maine Foods (CALM), despite signs that egg prices may be stabilizing. StoneX analyst Ben Klieve has responded by downgrading the stock from Buy to Hold and removing his previous $100 price target. The downgrade reflects concerns over how higher feed costs could impact profitability, even as demand for eggs appears more stable than in recent months. This shift highlights growing uncertainty around Cal-Maine's near-term financial performance.
Tickers: $CALM