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Stock impact report

Why Conagra Stock Got Mashed in March [Globe and Mail, The (Toronto, Canada)]

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
A recommendation downgrade from an analyst at a prominent bank helped send Conagra (NYSE: CAG) stock down by more than 18% last month. Although this was part of a "package" downgrade of notable food industry stocks, it was small comfort to shareholders. The sour taste of a downgrade The downgrading party was one of the "big four" U.S. lenders, Wells Fargo . The bank's analyst Chris Carey downshifted his rating on Conagra, in addition to two other peer stocks, Campbell Soup and General Mills . He now feels all three rate an underweight (read: sell), where previously he flagged each as an equal weight (hold). Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Image source: Getty Images. According to reports, Carey believes that something like a perfect storm of factors will negatively impact these storied food Show less Read more
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