Conagra Brands price target raised to $30 from $28 at TD Cowen

TD Cowen raised the firm’s price target on Conagra Brands to $30 from $28 and keeps a Hold rating on the shares. The firm noted they reported 3Q ahead of the Street s low expectations but Cowen remains below consensus due to lingering concerns about exposure to low-income consumers and the volatility of business results.