Morgan Stanley Maintains Equal-Weight on Conagra Brands, Lowers Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Pamela Kaufman has maintained an Equal-Weight rating on Conagra Brands (NYSE:CAG) but lowered the price target from $37 to $29.
October 09, 2023 | 12:59 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Conagra Brands but lowered the price target from $37 to $29.
The lowering of the price target by Morgan Stanley indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Conagra Brands' stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100