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Stock impact report

Morgan Stanley Sees Rising Competitive Pressure Weighing on Conagra (CAG) [Yahoo! Finance]

ConAgra Brands, Inc. (CAG) 
Last conagra brands, inc. earnings: 3/31 07:28 am Check Earnings Report
US:NYSE Investor Relations: conagrabrands.com/investor-relations
Company Research Source: Yahoo! Finance
On January 16, Morgan Stanley analyst Megan Alexander Clapp lowered her price target on Conagra Brands, Inc. (NYSE:CAG) to $18 from $19, while keeping an Equal Weight rating on the shares. She said the outlook remains tough, calling it “an already challenging backdrop” for US food stocks. Morgan Stanley also warned that competitive pressure is picking up again as value-driven pricing, heavier promotions, and renewed private-label momentum carry into 2026. In early December, Conagra maintained its full-year sales and profit guidance even after a quieter second quarter. The company, known for brands like Slim Jim, has been dealing with uneven demand for pantry staples as consumers cut back spending and competition stays intense. Conagra also posted a quarterly loss, largely due to a $968 million non-cash impairment charge tied to a prolonged drop in its share price. Over the past year, Conagra's stock has taken a hit, with the company losing around 34% of its market value. The pres Show less Read more
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