Form 8-K CONAGRA BRANDS INC. For: Oct 02
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ConAgra (CAG) PT Lowered to $31 at Citi
October 3, 2024 5:41 AM EDTCiti analyst Thomas Palmer lowered the price target on ConAgra (NYSE: CAG) to $31.00 (from $33.00) while maintaining a Neutral rating.
The analyst comments "The CAG shares were down 8% today (the most among packaged food stocks by 500+bps) after reporting a sizable 1Q25 sales and... More
Stifel Reiterates Hold Rating on ConAgra (CAG)
October 3, 2024 5:29 AM EDTStifel analyst Matthew Smith reiterated a Hold rating and $30.00 price target on ConAgra (NYSE: CAG).
The analyst comments "Conagra reported a weaker-than-expected first quarter with sales, margin performance, and lower equity earnings relative to our estimates. EPS of $0.53 was down 20% and $0.06 below our estimate.... More
Goldman Sachs Reiterates Conviction Buy Rating on ConAgra (CAG)
October 3, 2024 5:21 AM EDTGoldman Sachs analyst Leah Jordan reiterated a Conviction Buy rating and $36.00 price target on ConAgra (NYSE: CAG).
The analyst comments "CAG traded down -8% (vs S&P 500 flat) after F1Q results and reiterated FY25 guidance. While the quarter came in softer-than-expected, in part due to a temporary manufacturing disruption with its Hebrew... More
ConAgra Brands misses Q1 estimates, reaffirms full-year outlook
October 2, 2024 7:46 AM EDTConAgra Brands (NYSE: CAG) reported its first-quarter fiscal 2025 on Wednesday, falling short of analyst expectations as the food company faced challenges from inflation and temporary manufacturing disruptions.
The stock dropped 3% following the earnings release.
The Chicago-based business reported adjusted earnings per share of $0.53, missing the analyst consensus of... More
