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RBC Capital Keeps Their Hold Rating on Campbell Soup (CPB)

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

RBC Capital analyst Nik Modi maintained a Hold rating on Campbell Soup today and set a price target of $21.00.

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According to TipRanks, Modi is an analyst with an average return of -3.1% and a 46.20% success rate. Modi covers the Consumer Defensive sector, focusing on stocks such as Church & Dwight, The Hershey Company, and Mondelez International.

In addition to RBC Capital, Campbell Soup also received a Hold from TD Cowen’s Robert Moskow in a report issued today. However, on the same day, UBS 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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