Wells Fargo Maintains Equal-Weight on Conagra Brands, Raises Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Chris Carey maintains an Equal-Weight rating on Conagra Brands and raises the price target from $30 to $31.
October 17, 2024 | 5:39 pm
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Wells Fargo has maintained its Equal-Weight rating on Conagra Brands and increased the price target from $30 to $31, indicating a slightly positive outlook.
The increase in the price target from $30 to $31 by Wells Fargo suggests a slightly positive outlook for Conagra Brands. Maintaining the Equal-Weight rating indicates that the stock is expected to perform in line with the market. The change in price target, though modest, could lead to a slight positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100