---
title: "Bank of America Securities Sticks to Their Hold Rating for Hormel Foods (HRL)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286553452.md"
description: "Bank of America Securities has maintained a Hold rating on Hormel Foods (HRL) with a price target of $23.00. Analyst Peter Galbo, who covers the Consumer Defensive sector, has an average return of 1.2% and a 52.54% success rate on his stock recommendations. The analyst consensus for Hormel Foods is also a Hold, with a higher price target consensus of $25.75."
datetime: "2026-05-15T10:59:19.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286553452.md)
  - [en](https://longbridge.com/en/news/286553452.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286553452.md)
---

# Bank of America Securities Sticks to Their Hold Rating for Hormel Foods (HRL)

In a report released today, Peter Galbo from Bank of America Securities reiterated a Hold rating on Hormel Foods, with a price target of $23.00.

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Galbo covers the Consumer Defensive sector, focusing on stocks such as Coca-Cola, JM Smucker, and General Mills. According to TipRanks, Galbo has an average return of 1.2% and a 52.54% success rate on recommended stocks.

Hormel Foods has an analyst consensus of Hold, with a price target consensus of $25.75.

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