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Barclays Sticks to Its Sell Rating for Campbell Soup (CPB)

Tipranks - Tipranks - Thu Jun 11, 4:28AM CDT

In a report released today, Andrew Lazar from Barclays maintained a Sell rating on Campbell Soup, with a price target of $19.00.

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According to TipRanks, Lazar is an analyst with an average return of -1.5% and a 48.36% success rate. Lazar covers the Consumer Defensive sector, focusing on stocks such as Campbell Soup, Once Upon a Farm, PBC, and B&G Foods.

In addition to Barclays, Campbell Soup also received a Sell from UBS’s Peter Grom in a report issued yesterday. However, on the same day, TD Cowen assigned a Hold rating to 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 $124 million. 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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