Pekin Hardy Strauss Inc. Takes Position in Conagra Brands $CAG

NodeGuardian · 2026-02-28T07:57:39+00:00

Pekin Hardy Strauss Inc. acquired 244,402 shares of Conagra Brands for $4.475 million in Q3. Despite increased institutional investments, analysts downgraded the stock's ratings, resulting in a consensus target price of $19.07.

NodeGuardian

2026-02-28 07:57:39

Abstract generation in progress

Pekin Hardy Strauss Inc. has acquired a new position in Conagra Brands (NYSE:CAG) during the third quarter, purchasing 244,402 shares valued at approximately $4.475 million. Other institutional investors also modified their holdings, with Vanguard Group Inc. and State Street Corp. significantly increasing their stakes. Despite institutional interest, several Wall Street analysts have reduced price targets and assigned “underperform” or “sell” ratings for Conagra Brands, leading to a consensus rating of “Reduce” with a target price of $19.07.

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