ConAgra Foods Completes Spin-off of Lamb Weston Business and Becomes Conagra Brands
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RBC Capital Remains Bullish as ConAgra Brands (CAG) Distributes Lamb Weston Stock
November 11, 2016 7:45 AM ESTRBC Capital maintained an Outperform rating on ConAgra Brands (NYSE: CAG), and cut the price target to $42.00 (from $54.00), following the distribution of Lamb Weston stock to shareholders.
Analyst David Palmer commented, "We are adjusting our price target to $42 from $54 to reflect the distribution... More
