Goldman Sachs Initiates Coverage On Conagra Brands with Buy Rating, Announces Price Target of $36
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs has initiated coverage on Conagra Brands (NYSE:CAG) with a Buy rating and set a price target of $36.
August 12, 2024 | 9:17 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Goldman Sachs has initiated coverage on Conagra Brands with a Buy rating and set a price target of $36.
The initiation of coverage with a Buy rating and a specific price target by a major financial institution like Goldman Sachs is likely to positively impact Conagra Brands' stock price in the short term. This is because such ratings often influence investor sentiment and can lead to increased buying activity.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100