Conagra Brands, provider of packaged foods with a strong footing in bio-tech and the food industry, has made its presence felt over recent weeks, reaching new trading highs of 4.9% despite the weight of poor financial prospects that have prompted concerns among investors.JPMorgan Chase & Co. added to the buzz by lowering its Conagra Brands price target from $29 to $26. That followed news of an update to Conagra's Fiscal Year Guidance and a planned release of Fiscal 2025 Third Quarter Earnings on April 3, 2025. The news swirled amidst a flurry of financial activity: Commerzbank Aktiengesellschaft FI invested $666,000 in Conagra, while Bell Bank and the Bank of New York Mellon Corp grew their Conagra stock holdings. Several entities, including Cypress Capital Group and Bahl & Gaynor Inc., made the move to cut down their Conagra stock holdings in response to market trends. As Conagra lowered its 2025 profit forecast citing supply chain constraints and adjusted its outlook consequently, investors were observed expressing concerns. Overall, the financial activity surrounding Conagra Brands indicates a fluctuating yet proactive market performance.
Conagra Brands CAG News Analytics from Wed, 26 Jun 2024 07:00:00 GMT to Sat, 08 Mar 2025 10:24:19 GMT - Rating -4 - Innovation -3 - Information 8 - Rumor -6
