Pinnacle Foods (PF) Reports In-Line Q3 EPS, Miss on Revenues; Reaffirms FY17 EPS Guidance

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Stifel Upgrades ConAgra (CAG) to Buy

October 30, 2017 12:19 AM EDT

Stifel upgraded ConAgra (NYSE: CAG) from Hold to Buy with a price target of $38.00 (from $36.00).

Analyst Chris Growe cites an attractive valuations combined with accelerating sales and profit growth coupled with optionality for the upgrade. The analyst forecasts an accelerated rate of margin expansion... More