Conagra Brands price target lowered to $32 from $33 at Barclays

Barclays analyst Andrew Lazar lowered the firm’s price target on Conagra Brands (CAG) to $32 from $33 and keeps an Overweight rating on the shares. While Conagra guided down its fiscal 2025 earnings outlook, the return to positive year-over-year volume and organic sales growth and expectation for further sequential volume progress, without planned incremental promotional spend, “could set it apart a bit more” from peers, the analyst tells investors in a research note.