Arun Sundaram Covers CAG Earnings

Arun Sundaram, Equity Analyst at CFRA Research, explains the mixed results on ConAgra, saying the top line was very strong on organic sales but the bottom line was more concerning. He says they are facing pretty significant cost inflation and it will be significant in the coming quarters. CFRA has a strong buy on ConAgra with a $43 price target but are re-evaluating based on the earnings release.

ON AIR
7:00 am
Futures

Get Market Minute

Daily insights for every investor

FOLLOW US

Arun Sundaram Covers CAG Earnings

Arun Sundaram, Equity Analyst at CFRA Research, explains the mixed results on ConAgra, saying the top line was very strong on organic sales but the bottom line was more concerning. He says they are facing pretty significant cost inflation and it will be significant in the coming quarters. CFRA has a strong buy on ConAgra with a $43 price target but are re-evaluating based on the earnings release.

ON AIR
7:00 am
Futures

Get Market Minute

Daily insights for every investor

FOLLOW US