Conagra Brands Shares Fall on Guidance Cut, Supply Chain Hiccups
Shares for Conagra Brands were on the decline after the packaged food company reduced its guidance due to supply chain constraints on frozen chicken and vegetables. The stock fell 7.4% to $23.41 in Tuesday morning trading. Shares are down nearly 16% year to date.
Sanctuary Advisors LLC lessened its holdings in shares of Conagra Brands, Inc. (NYSE:CAG – Free Report) by 4.6% in the fourth ...
Conagra Brands trimmed its annual profit and operating margin forecasts further on Monday, citing supply constraints and ...
Stifel lowered the firm’s price target on Conagra Brands (CAG) to $26 from $28 and keeps a Hold rating on the shares after the company hosted ...
Louisiana State Employees Retirement System reduced its position in Conagra Brands, Inc. (NYSE:CAG – Free Report) by 4.8% in ...
Conagra Brands trimmed its sales and earnings outlook for the fiscal year, citing challenges sourcing chicken and frozen vegetables.
BofA lowered the firm’s price target on Conagra Brands (CAG) to $27 from $29 and keeps a Neutral rating on the shares. The firm notes Conagra ...
The company's updated guidance does not include any potential impacts from new tariffs. Conagra's long-term financial targets are unchanged.
The stock's rise snapped a three-day losing streak.
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