Group 1 - Conagra Brands, Inc. is set to release its third-quarter earnings results on April 3, with analysts expecting earnings of 53 cents per share, a decrease from 69 cents per share in the same period last year [1] - The projected quarterly revenue for Conagra is $2.9 billion, down from $3.03 billion a year earlier [1] - Conagra Brands has partnered with Bloom Energy Corp to implement advanced fuel cell technology at two manufacturing plants in Ohio [2] Group 2 - Conagra Brands shares experienced a decline of 0.8%, closing at $26.38 [2] - Recent analyst ratings include Morgan Stanley initiating coverage with an Equal-Weight rating and a price target of $27 [5] - JP Morgan maintained a Neutral rating and reduced the price target from $29 to $26 [5] - Stifel and Wells Fargo also maintained Hold and Equal-Weight ratings respectively, with price targets adjusted to $26 and $27 [5] - B of A Securities maintained a Neutral rating and cut the price target from $31 to $29 [5]
Conagra Brands Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts