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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100