Form 10-Q CONAGRA BRANDS INC. For: Nov 24

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ConAgra (CAG) PT Lowered to $28 at Deutsche Bank

December 20, 2024 5:49 AM EST

Deutsche Bank analyst Steve Powers lowered the price target on ConAgra (NYSE: CAG) to $28.00 (from $29.00) while maintaining a Hold rating.

The analyst comments "As CAG encounters higher full-year cost inflation (~4%, up from ~3%), primarily attributable to sustained inflation in protein and egg costs (and... More