Credit Suisse analyst Robert Moskow called the post-earnings dip in Conagra shares "a bit of an overreaction," but he also believes the large degree to which the company missed its Q4 expectations reinforces concerns on if its brands are strong enough to maintain momentum. He also questions management's raised organic sales guidance given that it appears to Moskow that Conagra will need to respond, on several brands at once, to "non-economic" promotions by competitors. Moskow keeps a Neutral rating on Conagra shares and trimmed his price target on the stock to $29 from $30.