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Analysts’ Opinions Are Mixed on These Consumer Goods Stocks: Campbell Soup (CPB) and Coca-Cola (KO)

Tipranks - Thu Jun 11, 8:44AM CDT

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Campbell Soup (CPB) and Coca-Cola (KO).

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Campbell Soup (CPB)

In a report released yesterday, Thomas Palmer from J.P. Morgan maintained a Hold rating on Campbell Soup, with a price target of $20.00. The company’s shares closed last Wednesday at $22.78.

According to TipRanks.com, Palmer is a 1-star analyst with an average return of -2.3% and a 44.0% success rate. Palmer covers the Consumer Goods sector, focusing on stocks such as Archer Daniels Midland, Mondelez International, and Once Upon a Farm, PBC. ;'>

Campbell Soup has an analyst consensus of Moderate Sell, with a price target consensus of $19.94, implying a -9.9% downside from current levels. In a report issued on June 1, Stephens also downgraded the stock to Hold with a $21.00 price target.

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Coca-Cola (KO)

Bank of America Securities analyst Peter Galbo maintained a Buy rating on Coca-Cola today. The company’s shares closed last Wednesday at $82.82.

According to TipRanks.com, Galbo is a 3-star analyst with an average return of 1.8% and a 55.2% success rate. Galbo covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Once Upon a Farm, PBC, and Constellation Brands. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Coca-Cola with a $87.87 average price target, implying an 8.0% upside from current levels. In a report issued on June 5, Piper Sandler also maintained a Buy rating on the stock with a $88.00 price target.

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