Wells Fargo lowered the firm’s price target on Conagra Brands (CAG) to $20 from $22 and keeps an Equal Weight rating on the shares. The key takeaway for Conagra Brands is that the outlook is plausible but doesn’t leave a ton of cushion for missteps, so the market probably awaits execution ahead before embracing the name, the firm says.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CAG:
- Conagra Brands price target lowered to $21 from $25 at Bernstein
- Conagra Brands Faces Challenges with Lowered Earnings Guidance Amid Inflation and Tariffs; Hold Rating Maintained
- Conagra Brands price target lowered to $18 from $20 at BofA
- Conagra Brands Reports Mixed Fiscal 2025 Results
- Conagra Brands’ Earnings Call: Balancing Optimism and Challenges