ConAgra (CAG) PT Lowered to $35 at CFRA

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ConAgra Brands (CAG) cut as Morgan Stanley sees headwinds to growth outlook

July 17, 2023 10:58 AM EDT

ConAgra Brands (NYSE: CAG) was cut to Equal Weight from Overweight at Morgan Stanley on Monday, with analyst Pamela Kaufman lowering the price target to $37 from $46 per share.

Kaufman said the firm sees headwinds to CAG's growth outlook from softening packaged food... More