Conagra Brands (CAG) Gets a Hold from UBS
In a report released today, Peter Grom from UBS maintained a Hold rating on Conagra Brands, with a price target of $16.00.
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According to TipRanks, Grom is an analyst with an average return of -1.3% and a 56.31% success rate. Grom covers the Consumer Defensive sector, focusing on stocks such as The Hershey Company, The Estée Lauder Companies, and Conagra Brands.
In addition to UBS, Conagra Brands also received a Hold from TD Cowen’s Robert Moskow in a report issued today. However, on the same day, Goldman Sachs assigned a Sell rating to Conagra Brands (NYSE: CAG).
Based on Conagra Brands’ latest earnings release for the quarter ending November 23, the company reported a quarterly revenue of $2.98 billion and a GAAP net loss of $663.6 million. In comparison, last year the company earned a revenue of $3.2 billion and had a net profit of $284.5 million
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- Conagra Brands price target lowered to $18 from $19 at Evercore ISI
- Conagra Brands price target lowered to $17 from $19 at Stifel
- Conagra Brands price target lowered to $17 from $20 at RBC Capital
- Conagra Brands price target lowered to $18 from $21 at Barclays
- Conagra Brands price target lowered to $17 from $19 at Morgan Stanley
