Form 8-K CONAGRA BRANDS INC. For: Dec 20

Go back to Form 8-K CONAGRA BRANDS INC. For: Dec 20

ConAgra (CAG) PT Lowered to $39 at RBC Capital; Sees Stock as Major Value Play

December 21, 2018 8:55 AM EST

RBC 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