Jefferies Adjusts Price Target on Conagra Brands to $16 From $17, Maintains Hold Rating

NodeGuardian · 2026-03-20T13:19:49+00:00

Jefferies lowered its price target for Conagra Brands to $16 from $17 while keeping a Hold rating. This follows Wells Fargo's downgrade, contributing to a decline in the company's share price and reflects ongoing analyst activity in the packaged food sector.

NodeGuardian

2026-03-20 13:19:49

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Jefferies has adjusted its price target for Conagra Brands (CAG) to $16 from $17, while maintaining a Hold rating on the stock. This update comes shortly after Wells Fargo downgraded Conagra Brands, contributing to a recent fall in the company’s share price. The article highlights recent analyst activity and other news related to Conagra Brands and the packaged food sector.

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