JPMorgan Cuts PT on Conagra Brands (CAG) to $17 From $19 – Here’s Why

1 week ago 4

Noor Ul Ain Rehman

Wed, March 25, 2026 astatine 9:52 AM CDT 2 min read

Conagra Brands, Inc. (NYSE:CAG) is 1 of the champion undervalued antiaircraft stocks for 2026. Conagra Brands, Inc. (NYSE:CAG) received a standing update from JPMorgan connected March 20. The steadfast chopped the terms people connected the banal to $17 from $19 and maintained a Neutral standing connected the shares. The standing update came arsenic portion of a fiscal Q3 preview, with the steadfast stating that the company’s net maturation could beryllium constricted by ostentation going forward.

Conagra Brands Announces $220M Expansion of Arkansas Production Facility

In a abstracted development, Conagra Brands, Inc. (NYSE:CAG) was downgraded to Underweight from Equal Weight by Wells Fargo connected March 12. The steadfast besides chopped the terms people connected the banal to $15 from $20, telling investors successful a probe enactment that it downgraded 3 nutrient names to Underweight, citing their higher leverage and dividend payout ratios arsenic good arsenic net risk. It added that factors specified arsenic the “convergence” of net risk, higher leverage, and “tight” dividends volition apt thrust stock underperformance comparative to peers. The steadfast besides stated that it sees antagonistic nett catalysts for Conagra Brands, Inc. (NYSE:CAG).

Conagra Brands, Inc. (NYSE:CAG) is simply a consumer-packaged goods nutrient institution that operates successful 3 segments: Grocery & Snacks, Refrigerated & Frozen, and International. Its marque portfolio encompasses Birds Eye, Duncan Hines, Healthy Choice, Marie Callender’s, Reddi-wip, and BOOMCHICKAPOP.

While we admit the imaginable of CAG arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 15 Stocks That Will Make You Rich successful 10 Years AND 12 Best Stocks That Will Always Grow.

Disclosure: None. Follow Insider Monkey connected Google News.

Read Entire Article