Barclays Maintains Overweight on Conagra Brands, Lowers Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Andrew Lazar has maintained an Overweight rating on Conagra Brands (NYSE:CAG) but lowered the price target from $39 to $31.
October 09, 2023 | 12:45 pm
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Barclays has maintained an Overweight rating on Conagra Brands but lowered the price target from $39 to $31.
The lowering of the price target by Barclays could potentially lead to a decrease in the stock price of Conagra Brands in the short term. However, the maintained Overweight rating indicates that Barclays still sees potential in the company's stock.
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IMPORTANCE 80
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