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BofA Trims Conagra Brands, Inc. (CAG)’s Price Target To $13, Keeps Underperform Rating
Key takeaways
- (CAG)’s Price Target To $13, Keeps Underperform Rating Ashar Jawad Mon, June 1, 2026 at 9:14 PM GMT+7 2 min read CAG ^GSPC Conagra Brands, Inc.
- The firm made the adjustment after it revised quarter-end sales estimates for certain packaged food companies.
- This follows Wells Fargo’s update on May 18, when it maintained its Underweight rating on Conagra Brands, Inc.
Bof A Trims Conagra Brands, Inc. (CAG)’s Price Target To $13, Keeps Underperform Rating Ashar Jawad Mon, June 1, 2026 at 9:14 PM GMT+7 2 min read CAG ^GSPC Conagra Brands, Inc. (NYSE:CAG) is among the 10 Most Oversold S&P 500 Stocks So Far in 2026. On May 28, Bof A analyst Peter Galbo lowered the price target on the stock to $13 from $15 and reiterated an Underperform rating.
The firm made the adjustment after it revised quarter-end sales estimates for certain packaged food companies.
This follows Wells Fargo’s update on May 18, when it maintained its Underweight rating on Conagra Brands, Inc. (NYSE:CAG) and cut the price target on the stock to $13 from $14.
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