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Fly News Breaks for July 2, 2015
CAG
Jul 2, 2015 | 08:35 EDT
As previously reported, Morgan Stanley upgraded ConAgra to Overweight from Equal Weight and increased its price target to $50 form $37. The firm has increased confidence that ConAgra is open to more aggressive changes in the portfolio, including a divestiture of the private label assets and portions of its Consumer segment, which would be highly earnings accretive.
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