Wells Fargo Remains a Hold on Conagra Brands (CAG)
Wells Fargo analyst Christopher Carey maintained a Hold rating on Conagra Brands today and set a price target of $20.00.
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Carey covers the Consumer Defensive sector, focusing on stocks such as Conagra Brands, Church & Dwight, and General Mills. According to TipRanks, Carey has an average return of 2.1% and a 50.34% success rate on recommended stocks.
In addition to Wells Fargo, Conagra Brands also received a Hold from TipRanks – xAI’s xAi Packaged Foods in a report issued yesterday. However, today, Barclays maintained a Buy rating on 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
Read More on CAG:
Disclaimer & DisclosureReport an Issue
- Conagra Reaffirms 2026 Outlook, Highlights Strong Cash Generation
- Conagra Brands price target raised to $20 from $18 at Wells Fargo
- Conagra Brands price target raised to $20 from $18 at UBS
- Conagra Brands: Near-Term Stability Offset by Structural Growth Constraints Supporting a Hold Rating
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