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Stifel Nicolaus Sticks to Its Hold Rating for Campbell Soup (CPB)

Tipranks - Tipranks - Wed Jun 10, 6:36AM CDT

Stifel Nicolaus analyst Matthew Smith, CFA maintained a Hold rating on Campbell Soup today and set a price target of $20.00.

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Smith, CFA covers the Consumer Defensive sector, focusing on stocks such as The Hershey Company, Altria Group, and Campbell Soup. According to TipRanks, Smith, CFA has an average return of -2.1% and a 44.81% success rate on recommended stocks.

In addition to Stifel Nicolaus, Campbell Soup also received a Hold from Morgan Stanley’s Megan Alexander in a report issued today. However, on the same day, Wells Fargo maintained a Sell rating on Campbell Soup (NASDAQ: CPB).

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Based on Campbell Soup’s latest earnings release for the quarter ending May 3, the company reported a quarterly revenue of $2.37 billion and a net profit of $410 thousand. In comparison, last year the company earned a revenue of $2.48 billion and had a net profit of $66 million

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