Institutional investors acquire shares in Conagra Brands, Q4 revenue at $3.21bn, down 3.2% YoY.
Premier Path Wealth Partners and other institutional investors, including Riverview Trust Co and Invesco Ltd, have recently acquired shares in Conagra Brands, Inc. (NYSE:CAG). Conagra reported a Q4 revenue of $3.21bn, up $0.03 from analyst estimates but down 3.2% YoY. Royal Bank of Canada lowered its target price to $30 from $32, while Wells Fargo set an "equal weight" rating.
March 23, 2024
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