Arun Sundaram of CFRA discusses his hold rating and reduced price target on Conagra Brands (CAG). He says he “upgraded too early” from Sell, citing supply chain issues and lowered guidance. He looks at its debt issues, margin struggles, and compares it to others in the sector who are able to return cash to shareholders. Overall, he calls 2025 a “wash” for CAG.
The Watch List
18 Feb 2025
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