Conagra Brands (CAG) has endured a period of prolonged share price weakness, hitting its 46th 52-week low. Numerous organizations, such as Meyer Handelman Co., Sowell Financial Services LLC and Wealth Enhancement Advisory Services LLC, have either reduced or increased their holdings in the company amid this volatility. Investors' sentiment is weighed down by the probability of the company posting a decline in Q1 earnings. However, several analysts are anticipating a rise in the CAG stock price, despite several instances where Price Targets have been reduced, signalling a potential recovery. Slim Jim - Buffalo Wild Wings Chicken Stick launch is evaluated as a new development for the company. Nevertheless, there are concerns regarding Conagra Brands potential to navigate inflation, and whether it can retain long-term growth potential amidst protein cost pressures. Certain analysts propose Conagra as a compelling choice for value investors, while others caution that the company is a steeply discounted valuation due to poor operating results.
