http://www.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2026, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Thu, 12 Mar 2026 09:41:36 -0400 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://www.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/Investing/Wells+Fargo+downgrades+Conagra%2C+Campbell%E2%80%99s+and+General+Mills+on+profit+risks/26150713.html <p>Investing.com -- Wells Fargo has downgraded shares of Conagra Brands, The Campbell&amp;#39;s Company and General Mills to Underweight in a note on Thursday, warning that a combination of earnings pressure, elevated leverage and stretched dividend payout ratios leaves the group vulnerable to underperformance.</p> <p></p> <p dir="ltr">Analyst Chris Carey said the call reflects “the convergence of EPS risk, high leverage, and tight dividends,” arguing that this mix “likely drives underperformance vs peers, despite low valuation and sentiment.” </p> <p dir="ltr">Wells Fargo is 10% below FY27 Street EPS for Campbell&amp;#39;s, 9% for Conagra and 6% for <span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name">General Mills</span></span>, and expects leverage above 4x for http://www.streetinsider.com/Investing/Wells+Fargo+downgrades+Conagra%2C+Campbell%E2%80%99s+and+General+Mills+on+profit+risks/26150713.html Thu, 12 Mar 2026 09:41:36 -0400 CAG CPB GIS http://www.streetinsider.com/Investing/Wells+Fargo+downgrades+Conagra%2C+Campbell%E2%80%99s+and+General+Mills+on+profit+risks/26150713.html <p>Investing.com -- Wells Fargo has downgraded shares of Conagra Brands, The Campbell&amp;#39;s Company and General Mills to Underweight in a note on Thursday, warning that a combination of earnings pressure, elevated leverage and stretched dividend payout ratios leaves the group vulnerable to underperformance.</p> <p></p> <p dir="ltr">Analyst Chris Carey said the call reflects “the convergence of EPS risk, high leverage, and tight dividends,” arguing that this mix “likely drives underperformance vs peers, despite low valuation and sentiment.” </p> <p dir="ltr">Wells Fargo is 10% below FY27 Street EPS for Campbell&amp;#39;s, 9% for Conagra and 6% for <span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name">General Mills</span></span>, and expects leverage above 4x for http://www.streetinsider.com/Investing/Wells+Fargo+downgrades+Conagra%2C+Campbell%E2%80%99s+and+General+Mills+on+profit+risks/26150713.html Thu, 12 Mar 2026 09:41:36 -0400 CAG CPB GIS http://www.streetinsider.com/Investing/Wells+Fargo+downgrades+Conagra%2C+Campbell%E2%80%99s+and+General+Mills+on+profit+risks/26150713.html <p>Investing.com -- Wells Fargo has downgraded shares of Conagra Brands, The Campbell&amp;#39;s Company and General Mills to Underweight in a note on Thursday, warning that a combination of earnings pressure, elevated leverage and stretched dividend payout ratios leaves the group vulnerable to underperformance.</p> <p></p> <p dir="ltr">Analyst Chris Carey said the call reflects “the convergence of EPS risk, high leverage, and tight dividends,” arguing that this mix “likely drives underperformance vs peers, despite low valuation and sentiment.” </p> <p dir="ltr">Wells Fargo is 10% below FY27 Street EPS for Campbell&amp;#39;s, 9% for Conagra and 6% for <span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name">General Mills</span></span>, and expects leverage above 4x for http://www.streetinsider.com/Investing/Wells+Fargo+downgrades+Conagra%2C+Campbell%E2%80%99s+and+General+Mills+on+profit+risks/26150713.html Thu, 12 Mar 2026 09:41:36 -0400 CAG CPB GIS http://www.streetinsider.com/Downgrades/Wells+Fargo+Downgrades+Campbell+Soup+%28CPB%29+to+Underweight/26148245.html (Updated - March 12, 2026 6:07 AM EDT) <p>Wells Fargo analyst Chris Carey downgraded Campbell Soup (NASDAQ: CPB) from Equal Weight to Underweight, PT $200.00.</p><p>The analyst comments "We are downgrading shares of CAG, CPB and GIS to Underweight from Equal Weight. We lower CAG to $15 on 9x CY27e EPS, CPB to $20 on 10x, and GIS to $35 on 11x. We're also lowering KHC to $23 on 11x CY27e EPS but maintain our Equal Weight because we see less near-term EPS risk following a substantial reset. We're holding to historical valuation gaps, with some slight variance as we discuss. Three http://www.streetinsider.com/Downgrades/Wells+Fargo+Downgrades+Campbell+Soup+%28CPB%29+to+Underweight/26148245.html Thu, 12 Mar 2026 06:07:42 -0400 CAG CPB GIS http://www.streetinsider.com/Downgrades/Wells+Fargo+Downgrades+Campbell+Soup+%28CPB%29+to+Underweight/26148245.html (Updated - March 12, 2026 6:07 AM EDT) <p>Wells Fargo analyst Chris Carey downgraded Campbell Soup (NASDAQ: CPB) from Equal Weight to Underweight, PT $200.00.</p><p>The analyst comments "We are downgrading shares of CAG, CPB and GIS to Underweight from Equal Weight. We lower CAG to $15 on 9x CY27e EPS, CPB to $20 on 10x, and GIS to $35 on 11x. We're also lowering KHC to $23 on 11x CY27e EPS but maintain our Equal Weight because we see less near-term EPS risk following a substantial reset. We're holding to historical valuation gaps, with some slight variance as we discuss. Three http://www.streetinsider.com/Downgrades/Wells+Fargo+Downgrades+Campbell+Soup+%28CPB%29+to+Underweight/26148245.html Thu, 12 Mar 2026 06:07:42 -0400 CAG CPB GIS http://www.streetinsider.com/Downgrades/Wells+Fargo+Downgrades+Campbell+Soup+%28CPB%29+to+Underweight/26148245.html (Updated - March 12, 2026 6:07 AM EDT) <p>Wells Fargo analyst Chris Carey downgraded Campbell Soup (NASDAQ: CPB) from Equal Weight to Underweight, PT $200.00.</p><p>The analyst comments "We are downgrading shares of CAG, CPB and GIS to Underweight from Equal Weight. We lower CAG to $15 on 9x CY27e EPS, CPB to $20 on 10x, and GIS to $35 on 11x. We're also lowering KHC to $23 on 11x CY27e EPS but maintain our Equal Weight because we see less near-term EPS risk following a substantial reset. We're holding to historical valuation gaps, with some slight variance as we discuss. Three http://www.streetinsider.com/Downgrades/Wells+Fargo+Downgrades+Campbell+Soup+%28CPB%29+to+Underweight/26148245.html Thu, 12 Mar 2026 06:07:42 -0400 CAG CPB GIS http://www.streetinsider.com/Hot+Downgrades/Wells+Fargo+Downgrades+Campbell+Soup+%28CPB%29+to+Underweight/26148245.html (Updated - March 12, 2026 6:07 AM EDT) <p>Wells Fargo analyst Chris Carey downgraded Campbell Soup (NASDAQ: CPB) from Equal Weight to Underweight, PT $200.00.</p><p>The analyst comments "We are downgrading shares of CAG, CPB and GIS to Underweight from Equal Weight. We lower CAG to $15 on 9x CY27e EPS, CPB to $20 on 10x, and GIS to $35 on 11x. We're also lowering KHC to $23 on 11x CY27e EPS but maintain our Equal Weight because we see less near-term EPS risk following a substantial reset. We're holding to historical valuation gaps, with some slight variance as we discuss. Three http://www.streetinsider.com/Hot+Downgrades/Wells+Fargo+Downgrades+Campbell+Soup+%28CPB%29+to+Underweight/26148245.html Thu, 12 Mar 2026 06:07:42 -0400 CAG CPB GIS http://www.streetinsider.com/Hot+Downgrades/Wells+Fargo+Downgrades+Campbell+Soup+%28CPB%29+to+Underweight/26148245.html (Updated - March 12, 2026 6:07 AM EDT) <p>Wells Fargo analyst Chris Carey downgraded Campbell Soup (NASDAQ: CPB) from Equal Weight to Underweight, PT $200.00.</p><p>The analyst comments "We are downgrading shares of CAG, CPB and GIS to Underweight from Equal Weight. We lower CAG to $15 on 9x CY27e EPS, CPB to $20 on 10x, and GIS to $35 on 11x. We're also lowering KHC to $23 on 11x CY27e EPS but maintain our Equal Weight because we see less near-term EPS risk following a substantial reset. We're holding to historical valuation gaps, with some slight variance as we discuss. Three http://www.streetinsider.com/Hot+Downgrades/Wells+Fargo+Downgrades+Campbell+Soup+%28CPB%29+to+Underweight/26148245.html Thu, 12 Mar 2026 06:07:42 -0400 CAG CPB GIS http://www.streetinsider.com/Hot+Downgrades/Wells+Fargo+Downgrades+Campbell+Soup+%28CPB%29+to+Underweight/26148245.html (Updated - March 12, 2026 6:07 AM EDT) <p>Wells Fargo analyst Chris Carey downgraded Campbell Soup (NASDAQ: CPB) from Equal Weight to Underweight, PT $200.00.</p><p>The analyst comments "We are downgrading shares of CAG, CPB and GIS to Underweight from Equal Weight. We lower CAG to $15 on 9x CY27e EPS, CPB to $20 on 10x, and GIS to $35 on 11x. We're also lowering KHC to $23 on 11x CY27e EPS but maintain our Equal Weight because we see less near-term EPS risk following a substantial reset. We're holding to historical valuation gaps, with some slight variance as we discuss. Three http://www.streetinsider.com/Hot+Downgrades/Wells+Fargo+Downgrades+Campbell+Soup+%28CPB%29+to+Underweight/26148245.html Thu, 12 Mar 2026 06:07:42 -0400 CAG CPB GIS http://www.streetinsider.com/Analyst+Comments/Wells+Fargo+Downgrades+Campbell+Soup+%28CPB%29+to+Underweight/26148245.html (Updated - March 12, 2026 6:07 AM EDT) <p>Wells Fargo analyst Chris Carey downgraded Campbell Soup (NASDAQ: CPB) from Equal Weight to Underweight, PT $200.00.</p><p>The analyst comments "We are downgrading shares of CAG, CPB and GIS to Underweight from Equal Weight. We lower CAG to $15 on 9x CY27e EPS, CPB to $20 on 10x, and GIS to $35 on 11x. We're also lowering KHC to $23 on 11x CY27e EPS but maintain our Equal Weight because we see less near-term EPS risk following a substantial reset. We're holding to historical valuation gaps, with some slight variance as we discuss. Three http://www.streetinsider.com/Analyst+Comments/Wells+Fargo+Downgrades+Campbell+Soup+%28CPB%29+to+Underweight/26148245.html Thu, 12 Mar 2026 06:07:42 -0400 CAG CPB GIS http://www.streetinsider.com/Analyst+Comments/Wells+Fargo+Downgrades+Campbell+Soup+%28CPB%29+to+Underweight/26148245.html (Updated - March 12, 2026 6:07 AM EDT) <p>Wells Fargo analyst Chris Carey downgraded Campbell Soup (NASDAQ: CPB) from Equal Weight to Underweight, PT $200.00.</p><p>The analyst comments "We are downgrading shares of CAG, CPB and GIS to Underweight from Equal Weight. We lower CAG to $15 on 9x CY27e EPS, CPB to $20 on 10x, and GIS to $35 on 11x. We're also lowering KHC to $23 on 11x CY27e EPS but maintain our Equal Weight because we see less near-term EPS risk following a substantial reset. We're holding to historical valuation gaps, with some slight variance as we discuss. Three http://www.streetinsider.com/Analyst+Comments/Wells+Fargo+Downgrades+Campbell+Soup+%28CPB%29+to+Underweight/26148245.html Thu, 12 Mar 2026 06:07:42 -0400 CAG CPB GIS http://www.streetinsider.com/Analyst+Comments/Wells+Fargo+Downgrades+Campbell+Soup+%28CPB%29+to+Underweight/26148245.html (Updated - March 12, 2026 6:07 AM EDT) <p>Wells Fargo analyst Chris Carey downgraded Campbell Soup (NASDAQ: CPB) from Equal Weight to Underweight, PT $200.00.</p><p>The analyst comments "We are downgrading shares of CAG, CPB and GIS to Underweight from Equal Weight. We lower CAG to $15 on 9x CY27e EPS, CPB to $20 on 10x, and GIS to $35 on 11x. We're also lowering KHC to $23 on 11x CY27e EPS but maintain our Equal Weight because we see less near-term EPS risk following a substantial reset. We're holding to historical valuation gaps, with some slight variance as we discuss. Three http://www.streetinsider.com/Analyst+Comments/Wells+Fargo+Downgrades+Campbell+Soup+%28CPB%29+to+Underweight/26148245.html Thu, 12 Mar 2026 06:07:42 -0400 CAG CPB GIS http://www.streetinsider.com/Analyst+PT+Change/Wells+Fargo+Downgrades+General+Mills+%28GIS%29+to+Underweight/26148264.html (Updated - March 12, 2026 6:07 AM EDT) <p>Wells Fargo analyst Chris Carey downgraded General Mills (NYSE: GIS) from Equal Weight to Underweight with a price target of $35.00 (from $45.00).</p><p>The analyst comments "We are downgrading shares of CAG, CPB and GIS to Underweight from Equal Weight. We lower CAG to $15 on 9x CY27e EPS, CPB to $20 on 10x, and GIS to $35 on 11x. We're also lowering KHC to $23 on 11x CY27e EPS but maintain our Equal Weight because we see less near-term EPS risk following a substantial reset. We're holding to historical valuation gaps, with some http://www.streetinsider.com/Analyst+PT+Change/Wells+Fargo+Downgrades+General+Mills+%28GIS%29+to+Underweight/26148264.html Thu, 12 Mar 2026 06:07:03 -0400 CAG CPB GIS http://www.streetinsider.com/Analyst+PT+Change/Wells+Fargo+Downgrades+General+Mills+%28GIS%29+to+Underweight/26148264.html (Updated - March 12, 2026 6:07 AM EDT) <p>Wells Fargo analyst Chris Carey downgraded General Mills (NYSE: GIS) from Equal Weight to Underweight with a price target of $35.00 (from $45.00).</p><p>The analyst comments "We are downgrading shares of CAG, CPB and GIS to Underweight from Equal Weight. We lower CAG to $15 on 9x CY27e EPS, CPB to $20 on 10x, and GIS to $35 on 11x. We're also lowering KHC to $23 on 11x CY27e EPS but maintain our Equal Weight because we see less near-term EPS risk following a substantial reset. We're holding to historical valuation gaps, with some http://www.streetinsider.com/Analyst+PT+Change/Wells+Fargo+Downgrades+General+Mills+%28GIS%29+to+Underweight/26148264.html Thu, 12 Mar 2026 06:07:03 -0400 CAG CPB GIS http://www.streetinsider.com/Analyst+PT+Change/Wells+Fargo+Downgrades+General+Mills+%28GIS%29+to+Underweight/26148264.html (Updated - March 12, 2026 6:07 AM EDT) <p>Wells Fargo analyst Chris Carey downgraded General Mills (NYSE: GIS) from Equal Weight to Underweight with a price target of $35.00 (from $45.00).</p><p>The analyst comments "We are downgrading shares of CAG, CPB and GIS to Underweight from Equal Weight. We lower CAG to $15 on 9x CY27e EPS, CPB to $20 on 10x, and GIS to $35 on 11x. We're also lowering KHC to $23 on 11x CY27e EPS but maintain our Equal Weight because we see less near-term EPS risk following a substantial reset. We're holding to historical valuation gaps, with some http://www.streetinsider.com/Analyst+PT+Change/Wells+Fargo+Downgrades+General+Mills+%28GIS%29+to+Underweight/26148264.html Thu, 12 Mar 2026 06:07:03 -0400 CAG CPB GIS http://www.streetinsider.com/Downgrades/Wells+Fargo+Downgrades+General+Mills+%28GIS%29+to+Underweight/26148264.html (Updated - March 12, 2026 6:07 AM EDT) <p>Wells Fargo analyst Chris Carey downgraded General Mills (NYSE: GIS) from Equal Weight to Underweight with a price target of $35.00 (from $45.00).</p><p>The analyst comments "We are downgrading shares of CAG, CPB and GIS to Underweight from Equal Weight. We lower CAG to $15 on 9x CY27e EPS, CPB to $20 on 10x, and GIS to $35 on 11x. We're also lowering KHC to $23 on 11x CY27e EPS but maintain our Equal Weight because we see less near-term EPS risk following a substantial reset. We're holding to historical valuation gaps, with some http://www.streetinsider.com/Downgrades/Wells+Fargo+Downgrades+General+Mills+%28GIS%29+to+Underweight/26148264.html Thu, 12 Mar 2026 06:07:03 -0400 CAG CPB GIS http://www.streetinsider.com/Downgrades/Wells+Fargo+Downgrades+General+Mills+%28GIS%29+to+Underweight/26148264.html (Updated - March 12, 2026 6:07 AM EDT) <p>Wells Fargo analyst Chris Carey downgraded General Mills (NYSE: GIS) from Equal Weight to Underweight with a price target of $35.00 (from $45.00).</p><p>The analyst comments "We are downgrading shares of CAG, CPB and GIS to Underweight from Equal Weight. We lower CAG to $15 on 9x CY27e EPS, CPB to $20 on 10x, and GIS to $35 on 11x. We're also lowering KHC to $23 on 11x CY27e EPS but maintain our Equal Weight because we see less near-term EPS risk following a substantial reset. We're holding to historical valuation gaps, with some http://www.streetinsider.com/Downgrades/Wells+Fargo+Downgrades+General+Mills+%28GIS%29+to+Underweight/26148264.html Thu, 12 Mar 2026 06:07:03 -0400 CAG CPB GIS http://www.streetinsider.com/Downgrades/Wells+Fargo+Downgrades+General+Mills+%28GIS%29+to+Underweight/26148264.html (Updated - March 12, 2026 6:07 AM EDT) <p>Wells Fargo analyst Chris Carey downgraded General Mills (NYSE: GIS) from Equal Weight to Underweight with a price target of $35.00 (from $45.00).</p><p>The analyst comments "We are downgrading shares of CAG, CPB and GIS to Underweight from Equal Weight. We lower CAG to $15 on 9x CY27e EPS, CPB to $20 on 10x, and GIS to $35 on 11x. We're also lowering KHC to $23 on 11x CY27e EPS but maintain our Equal Weight because we see less near-term EPS risk following a substantial reset. We're holding to historical valuation gaps, with some http://www.streetinsider.com/Downgrades/Wells+Fargo+Downgrades+General+Mills+%28GIS%29+to+Underweight/26148264.html Thu, 12 Mar 2026 06:07:03 -0400 CAG CPB GIS http://www.streetinsider.com/Analyst+Comments/Wells+Fargo+Downgrades+General+Mills+%28GIS%29+to+Underweight/26148264.html (Updated - March 12, 2026 6:07 AM EDT) <p>Wells Fargo analyst Chris Carey downgraded General Mills (NYSE: GIS) from Equal Weight to Underweight with a price target of $35.00 (from $45.00).</p><p>The analyst comments "We are downgrading shares of CAG, CPB and GIS to Underweight from Equal Weight. We lower CAG to $15 on 9x CY27e EPS, CPB to $20 on 10x, and GIS to $35 on 11x. We're also lowering KHC to $23 on 11x CY27e EPS but maintain our Equal Weight because we see less near-term EPS risk following a substantial reset. We're holding to historical valuation gaps, with some http://www.streetinsider.com/Analyst+Comments/Wells+Fargo+Downgrades+General+Mills+%28GIS%29+to+Underweight/26148264.html Thu, 12 Mar 2026 06:07:03 -0400 CAG CPB GIS http://www.streetinsider.com/Analyst+Comments/Wells+Fargo+Downgrades+General+Mills+%28GIS%29+to+Underweight/26148264.html (Updated - March 12, 2026 6:07 AM EDT) <p>Wells Fargo analyst Chris Carey downgraded General Mills (NYSE: GIS) from Equal Weight to Underweight with a price target of $35.00 (from $45.00).</p><p>The analyst comments "We are downgrading shares of CAG, CPB and GIS to Underweight from Equal Weight. We lower CAG to $15 on 9x CY27e EPS, CPB to $20 on 10x, and GIS to $35 on 11x. We're also lowering KHC to $23 on 11x CY27e EPS but maintain our Equal Weight because we see less near-term EPS risk following a substantial reset. We're holding to historical valuation gaps, with some http://www.streetinsider.com/Analyst+Comments/Wells+Fargo+Downgrades+General+Mills+%28GIS%29+to+Underweight/26148264.html Thu, 12 Mar 2026 06:07:03 -0400 CAG CPB GIS http://www.streetinsider.com/Analyst+Comments/Wells+Fargo+Downgrades+General+Mills+%28GIS%29+to+Underweight/26148264.html (Updated - March 12, 2026 6:07 AM EDT) <p>Wells Fargo analyst Chris Carey downgraded General Mills (NYSE: GIS) from Equal Weight to Underweight with a price target of $35.00 (from $45.00).</p><p>The analyst comments "We are downgrading shares of CAG, CPB and GIS to Underweight from Equal Weight. We lower CAG to $15 on 9x CY27e EPS, CPB to $20 on 10x, and GIS to $35 on 11x. We're also lowering KHC to $23 on 11x CY27e EPS but maintain our Equal Weight because we see less near-term EPS risk following a substantial reset. We're holding to historical valuation gaps, with some http://www.streetinsider.com/Analyst+Comments/Wells+Fargo+Downgrades+General+Mills+%28GIS%29+to+Underweight/26148264.html Thu, 12 Mar 2026 06:07:03 -0400 CAG CPB GIS http://www.streetinsider.com/Analyst+PT+Change/Wells+Fargo+Downgrades+ConAgra+%28CAG%29+to+Underweight/26148262.html (Updated - March 12, 2026 6:06 AM EDT) <p>Wells Fargo analyst Chris Carey downgraded ConAgra (NYSE: CAG) from Equal Weight to Underweight with a price target of $15.00 (from $20.00).</p><p>The analyst comments "We are downgrading shares of CAG, CPB and GIS to Underweight from Equal Weight. We lower CAG to $15 on 9x CY27e EPS, CPB to $20 on 10x, and GIS to $35 on 11x. We're also lowering KHC to $23 on 11x CY27e EPS but maintain our Equal Weight because we see less near-term EPS risk following a substantial reset. We're holding to historical valuation gaps, with some slight http://www.streetinsider.com/Analyst+PT+Change/Wells+Fargo+Downgrades+ConAgra+%28CAG%29+to+Underweight/26148262.html Thu, 12 Mar 2026 06:06:42 -0400 CAG CPB GIS http://www.streetinsider.com/Analyst+PT+Change/Wells+Fargo+Downgrades+ConAgra+%28CAG%29+to+Underweight/26148262.html (Updated - March 12, 2026 6:06 AM EDT) <p>Wells Fargo analyst Chris Carey downgraded ConAgra (NYSE: CAG) from Equal Weight to Underweight with a price target of $15.00 (from $20.00).</p><p>The analyst comments "We are downgrading shares of CAG, CPB and GIS to Underweight from Equal Weight. We lower CAG to $15 on 9x CY27e EPS, CPB to $20 on 10x, and GIS to $35 on 11x. We're also lowering KHC to $23 on 11x CY27e EPS but maintain our Equal Weight because we see less near-term EPS risk following a substantial reset. We're holding to historical valuation gaps, with some slight http://www.streetinsider.com/Analyst+PT+Change/Wells+Fargo+Downgrades+ConAgra+%28CAG%29+to+Underweight/26148262.html Thu, 12 Mar 2026 06:06:42 -0400 CAG CPB GIS http://www.streetinsider.com/Analyst+PT+Change/Wells+Fargo+Downgrades+ConAgra+%28CAG%29+to+Underweight/26148262.html (Updated - March 12, 2026 6:06 AM EDT) <p>Wells Fargo analyst Chris Carey downgraded ConAgra (NYSE: CAG) from Equal Weight to Underweight with a price target of $15.00 (from $20.00).</p><p>The analyst comments "We are downgrading shares of CAG, CPB and GIS to Underweight from Equal Weight. We lower CAG to $15 on 9x CY27e EPS, CPB to $20 on 10x, and GIS to $35 on 11x. We're also lowering KHC to $23 on 11x CY27e EPS but maintain our Equal Weight because we see less near-term EPS risk following a substantial reset. We're holding to historical valuation gaps, with some slight http://www.streetinsider.com/Analyst+PT+Change/Wells+Fargo+Downgrades+ConAgra+%28CAG%29+to+Underweight/26148262.html Thu, 12 Mar 2026 06:06:42 -0400 CAG CPB GIS http://www.streetinsider.com/Downgrades/Wells+Fargo+Downgrades+ConAgra+%28CAG%29+to+Underweight/26148262.html (Updated - March 12, 2026 6:06 AM EDT) <p>Wells Fargo analyst Chris Carey downgraded ConAgra (NYSE: CAG) from Equal Weight to Underweight with a price target of $15.00 (from $20.00).</p><p>The analyst comments "We are downgrading shares of CAG, CPB and GIS to Underweight from Equal Weight. We lower CAG to $15 on 9x CY27e EPS, CPB to $20 on 10x, and GIS to $35 on 11x. We're also lowering KHC to $23 on 11x CY27e EPS but maintain our Equal Weight because we see less near-term EPS risk following a substantial reset. We're holding to historical valuation gaps, with some slight http://www.streetinsider.com/Downgrades/Wells+Fargo+Downgrades+ConAgra+%28CAG%29+to+Underweight/26148262.html Thu, 12 Mar 2026 06:06:42 -0400 CAG CPB GIS