In a report released today, Megan Alexander from Morgan Stanley maintained a Hold rating on Conagra Brands, with a price target of $21.00. The company’s shares closed yesterday at $19.30.
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Alexander covers the Consumer Cyclical sector, focusing on stocks such as SharkNinja, Inc., Hasbro, and Mattel. According to TipRanks, Alexander has an average return of 3.3% and a 49.51% success rate on recommended stocks.
In addition to Morgan Stanley, Conagra Brands also received a Hold from Stifel Nicolaus’s Matthew Smith, CFA in a report issued today. However, yesterday, Barclays maintained a Buy rating on Conagra Brands (NYSE: CAG).
Based on Conagra Brands’ latest earnings release for the quarter ending August 24, the company reported a quarterly revenue of $2.63 billion and a net profit of $164.5 million. In comparison, last year the company earned a revenue of $2.79 billion and had a net profit of $466.8 million
Read More on CAG:
Disclaimer & DisclosureReport an Issue
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- Cautious Outlook for Conagra Brands Amid Financial Flexibility Concerns and Uncertain Consumption Trends
- Conagra Brands: Sell Rating Amid Reversal of Favorable Trade Expense Timing and Inflation Challenges
- Conagra Brands Reports Q1 2026 Earnings Amid Challenges
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