Conagra Brands Reports Second Quarter Results
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ConAgra (CAG) PT Lowered to $39 at RBC Capital; Sees Stock as Major Value Play
December 21, 2018 8:55 AM ESTRBC Capital analyst David Palmer lowered the price target on ConAgra (NYSE: CAG) to $39.00 (from $43.00) while maintaining a Outperform rating.
Palmer notes "since the announced Pinnacle Foods acquisition on June 27, Conagra's stock is down 38% and its total enterprise value has declined 20%... More
ConAgra (CAG) PT Lowered to $26.50 at Credit Suisse
December 21, 2018 6:29 AM ESTCredit Suisse analyst Robert Moskow lowered the price target on ConAgra (NYSE: CAG) to $26.50 (from $35.00) while maintaining a Neutral rating.
Moskow notes shares fell 17% after management slashed expectations for the $10.9B Pinnacle acquisition for the next 12 months due to a litany of product... More
ConAgra Brands (CAG) Tops Q2 EPS by 12c
December 20, 2018 7:30 AM ESTConAgra Brands (NYSE: CAG) reported Q2 EPS of $0.67, $0.12 better than the analyst estimate of $0.55. Revenue for the quarter came in at $2.38 billion versus the consensus estimate of $2.44 billion.
GUIDANCE:
ConAgra Brands sees FY2019 EPS of $2.03-$2.08, versus the consensus of... More
