ConAgra (CAG) PT Raised to $39 at BofA Securities
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
ConAgra Brands (CAG) shares jump after topping expectations, raising FY23 forecast
January 5, 2023 10:09 AM ESTConAgra Brands (NYSE: CAG) shares jumped Thursday after the company raised its annual forecasts and topped quarterly profit and revenue expectations.
The company's revenue came in at $3.3 billion versus the consensus estimate of $3.26 billion, boosted by a 17% improvement in price/mix, which was driven by the company's inflation-driven pricing actions.
Conagra shares are up over 3% at the time of writing.
With labor, logistics, and raw material costs... More
