ConAgra's (CAG) Peers Advance After JANA Reveals Stake
Tweet
Share
E-mailGet Alerts CAG Hot Sheet
Price: $31.10 --0%
Rating Summary:
5 Buy, 19 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 9 | New: 13
Rating Summary:
5 Buy, 19 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 9 | New: 13
Join SI Premium – FREE
ConAgra Foods (NYSE: CAG) peers were strong Friday, a day after activist JANA disclosed a 7.2% stake in ConAgra.
In a research note, Barclay's analyst Andrew Laxar said JANA's stake is positive for ConAgra and likely has positive implications for beneficiaries of potential alternative transactions. Laxar mentioned Treehouse Foods (NYSE: THS), Pinnacle Foods (NYSE: PF) and Post Holdings (NYSE: POST).
ConAgra Foods' price target was raised to $46 at Barclay's.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Northwest Bancshares, Inc. (NWBI) PT Lowered to $10 at Piper Sandler
- Church & Dwight Co. Inc. (CHD) PT Raised to $120 at Oppenheimer
- Topsports Intl Holdings (6110:HK) PT Lowered to HK$5.50 at HSBC
Create E-mail Alert Related Categories
Analyst Comments, Analyst PT Change, Trader TalkSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
