Barclays Maintains Overweight on Conagra Brands, Lowers Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Andrew Lazar maintains an Overweight rating on Conagra Brands (NYSE:CAG) but lowers the price target from $44 to $42.
June 02, 2023 | 9:34 am
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Barclays maintains an Overweight rating on Conagra Brands (NYSE:CAG) and lowers the price target from $44 to $42.
The news of Barclays maintaining an Overweight rating on Conagra Brands indicates a positive outlook for the company. However, the lowering of the price target from $44 to $42 may create some uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100