Conagra flags price increases to cushion inflation impact, raises sales forecast

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JPMorgan Downgrades ConAgra (CAG) to Neutral

October 8, 2021 4:40 AM EDT

JPMorgan analyst Ken Goldman downgraded ConAgra (NYSE: CAG) from Overweight to Neutral with a price target of $38.00 (from $41.00).

The analyst comments "We rate the CAG shares Neutral. On the positive side, the stock is not expensive versus its peers on consensus... More