UPDATE: J.P. Morgan Raises PT on ConAgra Foods on Long-Term Outperformance Drivers
June 28, 2013 at 10:53 AM EDT
In a report published Friday, J.P. Morgan analyst Ken Goldman reiterated an Overweight rating on ConAgra Foods (NYSE: CAG ), and raised the price target from $40.00 to $41.00. In the report, J.P. Morgan noted, “We maintain our Overweight rating on CAG. Despite yesterday's +5.1% move (SPX +0.6%), the stock