Citigroup Maintains Neutral on Conagra Brands, Lowers Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Thomas Palmer maintains a Neutral rating on Conagra Brands (NYSE:CAG) but lowers the price target from $32 to $30.
June 28, 2024 | 7:51 pm
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Citigroup analyst Thomas Palmer maintains a Neutral rating on Conagra Brands but lowers the price target from $32 to $30.
The lowered price target from $32 to $30 suggests a less optimistic outlook for Conagra Brands, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100