Key facts
- Bank of America lowered the price target for Conagra Brands (CAG) to $13.
- Bank of America maintained its Underperform rating for Conagra Brands (CAG).
Analyst ratings and price targets can influence investor sentiment and stock prices. A lower price target suggests the analyst believes the stock has less upside potential than previously thought, while an 'Underperform' rating indicates the analyst expects the stock to underperform the broader market or its peers.