"Conagra (CAG)'s Quarter Was Just Okay," Says Jim Cramer

We recently published 9 Stocks Jim Cramer Talked About.  Conagra Brands, Inc. (NYSE:CAG) is one of the stocks on Jim Cramer talked about.

Conagra Brands, Inc. (NYSE:CAG) is a consumer packaged goods company. After the firm reported its second-quarter earnings in December, RBC Capital cut its share price target to $20 from $22 and kept a Sector Perform rating on the shares. The financial firm commented that Conagra Brands, Inc. (NYSE:CAG)’s latest quarter saw the firm suffer from one-time and transient problems, which would resolve in its upcoming quarters. Evercore ISI also reduced the share price target following the earnings. It trimmed the target to $22 from $23 and maintained an In Line rating on the shares. Evercore noted that Conagra Brands, Inc. (NYSE:CAG)’s frozen food business was experiencing turmoil from high prices and tariffs. Yet, it added that the firm could see improvement in the second half of its fiscal year 2026. Goldman Sachs cut the firm’s share price target to $16 from $18 on November 25th and kept a Sell rating on the shares. Cramer’s previous comments about Conagra Brands, Inc. (NYSE:CAG) have plainly stated that he does not invest in firms whose revenues have been flat for years. In this appearance, he discussed the firm in the context of beef prices:

“But I do think that, you got cattle, cattle is a disaster, how much it’s up. You know, Conagra would tell you that. . .Conagra’s quarter was just okay.”

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READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.