StockStory Says Wall Street Targets for Conagra, BellRing, Fortune Brands Are Too High

Independent research firm StockStory warned on May 29, 2026 that analyst price targets for Conagra Brands (NYSE: CAG), BellRing Brands (NYSE: BRBR), and Fortune Brands (NYSE: FBIN) appear overoptimistic, citing institutional pressures that can inflate forecasts. For CAG, the consensus target of $15.59 implies a 16.5% return from its $13.39 price, while it trades at 7.9 times forward earnings. BRBR sits at $8.68, or 6.7 times forward earnings, well below the $13.69 target. FBIN, at $39.39 and a 12 times forward multiple, faces a $46.64 target. The firm urged investors to exercise caution and said better opportunities exist.