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BofA Trims Conagra Brands, Inc. (CAG)’s Price Target To $13, Keeps Underperform Rating

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Conagra Brands, Inc. (NYSE:CAG) is among the 10 Most Oversold S&P 500 Stocks So Far in 2026. On May 28, BofA analyst Peter Galbo lowered the price target on the stock to $13 from $15 and reiterated an Underperform rating. The firm made the adjustment after it revised quarter-end sales estimates for certain packaged food companies. […]