<div id="readability-page-1"><p><span>Conagra Brands (NYSE:CAG - Get Free Report)</span> had its price target lowered by analysts at Wells Fargo &amp; Company  from $14.00 to $13.00 in a research note issued to investors on Monday,MarketScreener reports. The firm presently has an &#34;underweight&#34; rating on the stock. Wells Fargo &amp; Company's price objective would indicate a potential downside of 3.57% from the company's current price.</p><div><p><span></span><span>Get <strong>Conagra Brands</strong> alerts:</span></p></div><ul><li>Conagra Stock Yields Nearly 9% After a 60% Decline—Time to Buy?</li></ul><p>A number of other research firms also recently issued reports on CAG. Evercore dropped their target price on shares of Conagra Brands from $19.00 to $18.00 in a research report on Thursday, April 2nd. Wall Street Zen upgraded shares of Conagra Brands from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a research note on Saturday, February 21st. Deutsche Bank Aktiengesellschaft lowered their price target on Conagra Brands from $18.00 to $14.00 and set a &#34;hold&#34; rating for the company in a report on Monday, March 30th. Royal Bank Of Canada decreased their target price on Conagra Brands from $20.00 to $17.00 and set a &#34;sector perform&#34; rating for the company in a research note on Thursday, April 2nd. Finally, BTIG Research started coverage on shares of Conagra Brands in a research report on Monday, April 13th. They issued a &#34;neutral&#34; rating on the stock. One analyst  has rated the stock with a Buy rating, twelve have given a Hold rating and five have assigned  a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of &#34;Reduce&#34; and a consensus price target of $15.73.</p><p><b>Read Our Latest Research Report on CAG</b></p><h2>Conagra Brands Price Performance</h2><ul><li>5 Under-the-Radar Consumer Staples Stocks With Pricing Power</li></ul><p>Shares of NYSE CAG opened at $13.48 on Monday. The firm has a market capitalization of $6.45 billion and a P/E ratio of -135.04. Conagra Brands has a one year low of $13.42 and a one year high of $23.37. The company's fifty day moving average is $15.26 and its two-hundred day moving average is $16.90. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.30 and a current ratio of 0.90. </p><p>Conagra Brands (NYSE:CAG - Get Free Report) last issued its quarterly earnings data on Wednesday, April 1st. The company reported $0.39 EPS for the quarter, missing analysts' consensus estimates of $0.40 by ($0.01). Conagra Brands had a negative net margin of 0.39% and a positive return on equity of 10.15%. The business had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.76 billion. During the same period in the previous year, the company posted $0.51 earnings per share. Conagra Brands's revenue was down 1.9% on a year-over-year basis.  Analysts forecast that  Conagra Brands will post 1.7 EPS for the current fiscal year. </p><h2>Insider Buying and Selling at Conagra Brands</h2><ul><li>Worried About Mag 7 Concentration Risk? This ETF Could Help</li></ul><p>In related news, Director Richard H. Lenny purchased 25,000 shares of the firm's stock in a transaction dated Tuesday, April 14th. The stock was bought at an average price of $14.34 per share, for a total transaction of $358,500.00. Following the purchase, the director owned 229,340 shares in the company, valued at $3,288,735.60. The trade was a 12.23% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director John J. Mulligan bought 17,500 shares of the firm's stock in a transaction that occurred on Tuesday, April 14th. The shares were acquired at an average price of $14.31 per share, with a total value of $250,425.00. Following the purchase, the director owned 20,728 shares in the company, valued at $296,617.68. This trade represents a 542.13% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own  0.57% of the company's stock. </p><h2>Institutional Investors Weigh In On Conagra Brands</h2><p>Several hedge funds and other institutional investors have recently made changes to their positions in CAG. State Street Corp raised its position in shares of  Conagra Brands by 2.3% in the 2nd quarter. State Street Corp now owns 26,202,392 shares of the company's stock valued at $536,363,000 after acquiring an additional 588,435 shares during the period.  Dimensional Fund Advisors LP raised its position in  Conagra Brands by 9.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 19,323,789 shares of the company's stock valued at $303,771,000 after buying an additional 1,701,624 shares during the last quarter.  Invesco Ltd. boosted its holdings in  Conagra Brands by 13.3% during the fourth quarter. Invesco Ltd. now owns 17,667,780 shares of the company's stock worth $305,829,000 after purchasing an additional 2,079,903 shares during the last quarter.  Morgan Stanley grew its holdings in shares of  Conagra Brands by 18.5% in the 4th quarter. Morgan Stanley now owns 15,229,557 shares of the company's stock valued at $263,624,000 after acquiring an additional 2,376,823 shares in the last quarter.  Finally, Ameriprise Financial Inc. grew its stake in  Conagra Brands by 19.6% in the third quarter. Ameriprise Financial Inc. now owns 12,130,671 shares of the company's stock valued at $222,113,000 after purchasing an additional 1,984,873 shares in the last quarter. 83.75% of the stock is owned by institutional investors and hedge funds. </p><h2>About Conagra Brands</h2> (Get Free Report)<p>Conagra Brands, Inc is a leading packaged foods company based in Chicago, Illinois, with a broad portfolio of shelf-stable, frozen and refrigerated foods marketed under familiar brands. The company develops, produces and distributes a wide range of consumer food products, serving both retail grocery and foodservice channels. Conagra's product lineup includes frozen entrees, snacks, condiments, baking goods and desserts, providing convenient meal solutions for consumers across North America and select international markets.  </p><p>Among its well-known brands are Birds Eye, Healthy Choice, Lean Cuisine, Marie Callender's and Banquet in the frozen foods category, as well as Hunt's sauces, Orville Redenbacher's popcorn, Slim Jim meat snacks and Reddi-wip toppings.</p><h2>Read More</h2><ul><li>Five stocks we like better than Conagra Brands</li><li>Willing and Abel: Berkshire's New CEO Makes Huge Portfolio Changes in Q1</li><li>Insider Buying Says Upstart Isn’t Down for the Count</li><li>These Stocks Could Be the Biggest Winners of the 2026 Midterms</li><li>3 Infrastructure Stocks Fueling the Data Center Building Boom</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNBRw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNBRw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Conagra Brands Right Now?</h2><p>Before you consider Conagra Brands, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Conagra Brands wasn't on the list.</p><p>While Conagra Brands currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

FTXG

<p>Wells Fargo & Company has reduced its price target for Conagra Brands (NYSE:CAG) from $14.00 to $13.00, maintaining an 'underweight' rating. This indicates a potential downside of 3.57% from the current price. Other firms have also adjusted their targets, with a consensus rating of 'Reduce' and a target of $15.73. Conagra's recent earnings report showed a slight revenue decline year-over-year, and insiders have recently increased their holdings in the company.</p>

Market Beat

Conagra Brands

First Trust NASDAQ Food & Beverage

Wells Fargo

Evercore

Deutsche Bank AG

ROYAL BANK OF CANADA

State Street

Invesco

WELLS FARGO & COMPANY DP SHS REP 1/1000TH INT NCUM PFD CL A DD

WELLS FARGO & COMPANY 7.5% PERP CONV PRF CLS 'A' SERIES 'L'

WELLS FARGO & COMPANY DEP SHS REP 1/1000 INT PER PFD SER Y A

WELLS FARGO & COMPANY DP SHS REP 1/1000TH INT NCUM PFD CL A CC

WELLS FARGO & COMPANY 4.75% DEP SHS 1/1000 NCUM PFD CL A SR Z

WELLS FARGO & COMPANY DEP SHS REP 1/1000TH INT PFD SR AA (CLA)

Deutsche Bank AG Subscription Rights

Deutsche Postbank AG

State Street® US Equity Premium Inc ETF

Wells Fargo & Company Cuts Conagra Brands (NYSE:CAG) Price Target to $13.00