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Campbell Soup (CPB) Receives a Sell from UBS

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

UBS analyst Peter Grom maintained a Sell rating on Campbell Soup today and set a price target of $17.00.

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According to TipRanks, Grom is an analyst with an average return of -2.0% and a 53.62% success rate. Grom covers the Consumer Defensive sector, focusing on stocks such as McCormick & Company, Simply Good Foods, and Campbell Soup.

In addition to UBS, Campbell Soup also received a Sell from Wells Fargo’s Christopher Carey in a report issued today. However, on the same day, Morgan Stanley maintained a Hold 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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