Morgan Stanley Sees Rising Competitive Pressure Weighing on Conagra (CAG)

Conagra Brands, Inc. (NYSE:CAG) is included among the 14 Best Mid-Cap Dividend Stocks to Buy Now. Morgan Stanley Sees Rising Competitive Pressure Weighing on Conagra (CAG) On January 16, Morgan Stanley analyst Megan Alexander Clapp lowered her price target on Conagra Brands, Inc. (NYSE:CAG) to $18 from $19, while keeping an Equal Weight rating on the shares. She said the outlook remains tough, calling it “an already challenging backdrop” for US food stocks. Morgan Stanley also warned that competitive pre ...