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Conagra Brands price target lowered to $18 from $21 at Barclays

Barclays lowered the firm’s price target on Conagra Brands (CAG) to $18 from $21 and keeps an Overweight rating on the shares. The firm believes the company has been consistently improving volume performance on its key growth segments. However, the current “dynamic operating environment” makes it challenging for fiscal year reporters such as Conagra to be precise on fiscal 2027, the analyst tells investors in a research note.

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