The Ratings Game: Worries of ‘rampant’ inflation leads two analysts to abandon their buy ratings on Conagra’s stock
Shares of Conagra Brands Inc. took another hit Wednesday, after two Wall Street analysts abandoned their bullish calls in the wake of the packaged foods company’s warning that a ‘substantial increase’ in inflation the past three months will take a more than $250 million bite out of profit this year.
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