Is Conagra Brands Stock Going to $25?
The stock could rebound to $25 as sales stabilize and cost savings materialize. For fiscal 2026, management's current guidance calls for adjusted sales to be +/- 1% over fiscal 2025.
But investors shouldn't be too patient here. If the company fails to meet its sales guidance and doesn't show improving margins and free cash flow, I would consider selling.
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John Ballard has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Is Conagra Brands Stock Going to $25? was originally published by The Motley Fool
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