Conagra Brands (CAG) Maintains Hold Rating as Stifel Lowers Pric

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Stifel analyst Matthew Smith maintained a Hold rating on Conagra Brands (CAG) but lowered the price target from $19.00 to $17.00, reflecting a 10.53% decrease. This adjustment follows several other downgrades and price target reductions from various analysts in recent months. Despite these changes, the average target price from 16 analysts is $17.91, implying a 16.27% upside from the current price, with the consensus recommendation remaining “Hold.”

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