Reported 1 day ago
UBS has confirmed a 'Neutral' rating for Conagra Brands (CAG) while reducing its price target from $21 to $20, following a disappointing Q4 FY2025 report where earnings and revenue fell short of forecasts. Analyst Bryan Adams cited concerns over Conagra's recent performance and fiscal projections for FY2026, but noted that lower market expectations may mitigate further downside risks for the stock, which remains attractive due to its competitive dividend and free cash flow yield.
Source: YAHOO