B of A Securities Maintains Neutral on Conagra Brands, Raises Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Neutral rating on Conagra Brands while raising the price target from $31 to $34.
September 17, 2024 | 5:28 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
B of A Securities has maintained a Neutral rating on Conagra Brands, but increased the price target from $31 to $34, indicating a slightly more positive outlook.
The increase in price target from $31 to $34 suggests a more optimistic view on Conagra Brands' future performance, which could positively influence investor sentiment and potentially lead to a short-term price increase. However, the Neutral rating indicates that the analyst does not foresee significant outperformance relative to the market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100