Evercore ISI lowered the firm’s price target on Conagra Brands (CAG) to $18 from $19 and keeps an In Line rating on the shares. Conagra is leaning harder into cash flow and profit protection, with organic sales trends turning a corner, but FY27 earnings power is “still feeling the squeeze” from input inflation and a weaker Ardent Mills contribution, the analyst tells investors in a post-earnings note.
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