Conagra Brands, Inc. (NYSE:CAG) is one of the Best 52-Week Low Mid Cap Stocks to Buy Now. On October 10, Bernstein analyst Alexia Burland Howard maintained a Hold rating on Conagra Brands, Inc. (NYSE:CAG) without disclosing any price target.
The cautious rating comes after the company released its fiscal Q1 2026 results on October 1. Conagra Brands, Inc. (NYSE:CAG) topped EPS and revenue estimates by $0.06 and $15.10 million, respectively. However, the revenue of $2.63 billion was down 5.81% year-over-year. The organic net sales also decreased 0.6% during the same time.
During the earnings call, management noted that although the operating environment remains dynamic due to inflationary pressure and cautious consumer sentiment, they remain focused on disciplined execution and balanced capital allocation.
Conagra Brands, Inc. (NYSE:CAG) is a food company that sells a wide range of branded food products across various retail and foodservice channels.
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Disclosure: None. This article is originally published at Insider Monkey.