Barclays maintains Overweight on Conagra Brands, lowers target to $16

0 min read | Published on 08 Jul 2026, 05:54 PM |Updated on 08 Jul 2026, 05:54 PM

Reviewed by

Radhika SScanX News Team

Key Highlights

Barclays analyst Andrew Lazar maintains an Overweight rating on Conagra Brands but cuts the price target from $18 to $16, reflecting a revised valuation outlook.

*this image is generated using AI for illustrative purposes only.

Barclays analyst Andrew Lazar has maintained an Overweight rating on Conagra Brands while lowering the price target to $16 from $18. The revised target suggests a tempered outlook for the stock despite the continued positive stance.

Rating and Price Target Details

The decision to maintain the Overweight rating indicates confidence in the company's long-term performance. However, the reduction in the price target highlights near-term challenges or revised valuation metrics.

Metric	Value
Rating	Overweight
Previous Price Target	$18
New Price Target	$16

Conagra Brands, listed on the NYSE under the ticker CAG, continues to be viewed favorably by Barclays, albeit with a more conservative price expectation.

What specific near-term challenges prompted Barclays to lower the price target?

How might Conagra Brands' upcoming earnings report influence the stock's performance?

What strategies could Conagra implement to address the tempered outlook?

Analysts cut Conagra Brands targets ahead of Q4 earnings

1 min read | Published on 06 Jul 2026, 10:48 PM |Updated on 06 Jul 2026, 10:48 PM

Reviewed by

Anirudha BScanX News Team

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Key Highlights

Conagra Brands is preparing to announce its Q4 earnings on July 15, with projected EPS dropping to 46 cents from 56 cents year-over-year. Revenue is expected to rise to $2.89 billion from $2.78 billion. Multiple analysts have lowered price targets, and Bernstein downgraded the stock to Underperform.

*this image is generated using AI for illustrative purposes only.

Conagra Brands, Inc. will release its fourth quarter earnings report before the opening bell on Wednesday, July 15. Analysts expect the Chicago, Illinois-based company to report quarterly earnings of 46 cents per share, down from 56 cents per share in the year-ago period. The consensus estimate for Conagra Brands’ quarterly revenue is $2.89 billion, compared to $2.78 billion reported last year.

On April 1, Conagra Brands reported mixed third-quarter results and issued a cautious outlook. Shares of Conagra Brands rose 0.3% to close at $14.34 on Thursday.

Analyst Ratings and Price Targets

Several analysts have revised their ratings and price targets for Conagra Brands in the weeks leading up to the earnings report. The following table summarizes the recent actions taken by top forecasters:

Firm	Analyst	Rating	Price Target Change	Accuracy Rate
RBC Capital	Nik Modi	Sector Perform	Cut from $17 to $16	51%
Deutsche Bank	Steve Powers	Hold	Lowered from $14 to $12	65%
Evercore ISI Group	David Palmer	In-Line	Cut from $18 to $13	52%
JP Morgan	Thomas Palmer	Neutral	Cut from $17 to $14	50%
Bernstein	Alexia Howard	Underperform	Cut from $16 to $12	50%

Bernstein analyst Alexia Howard downgraded the stock from Market Perform to Underperform and cut the price target from $16 to $12 on June 3, 2026. Other analysts, including those from RBC Capital, Deutsche Bank, Evercore ISI Group, and JP Morgan, maintained their ratings but reduced their price targets between June 5 and June 25, 2026.

What factors are driving the expected decline in earnings per share despite projected revenue growth?

How will Conagra Brands address the cautious outlook issued during the third quarter in its upcoming report?

What impact could the recent analyst downgrades and lowered price targets have on investor sentiment?