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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (27141)	2/5/2002 1:23:16 PM
From: Pierre	Read Replies (1) \| Respond to of 99280

Zeev: Nice pop on SFD today on CSFB upgrade. RESEARCH ALERT-CSFB raises Smithfield to 'strong buy' NEW YORK, Feb 5 (Reuters) - Credit Suisse First Boston on Tuesday said it raised its stock rating on pork producer Smithfield Foods Inc. (NYSE:SFD - news) to a ``strong buy'' from a ``buy,'' citing ``both the strength and upside of this business and its extremely attractive valuation.'' ``The big upside for Smithfield is the emerging transformation of the red meat industry to case-ready and value-added products,'' wrote CSFB analyst David Nelson in a research note Tuesday. Smithfield is expanding its margins, strengthening its management and repurchasing its stock, Nelson wrote. The stock closed Monday at $21.76 a share.