Conagra Brands price target raised to $31 from $30 at Wells Fargo

Wells Fargo raised the firm’s price target on Conagra Brands to $31 from $30 and keeps an Equal Weight rating on the shares after hosting meetings with the company’s President/CEO Sean Connolly, EVP/CFO Dave Marberger, and SVP IR Melissa Napier. Management was confident on FY25, while making the case for a portfolio with the right positioning long-term, Wells says.