Deutsche Bank Sticks to Their Hold Rating for Campbell Soup (CPB)
In a report released today, from Deutsche Bank maintained a Hold rating on Campbell Soup, with a price target of $31.00.
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In addition to Deutsche Bank , Campbell Soup also received a Hold from Piper Sandler’s Michael Lavery in a report issued today. However, on the same day, Bernstein assigned a Buy rating to Campbell Soup (NASDAQ: CPB).
Based on Campbell Soup’s latest earnings release for the quarter ending November 2, the company reported a quarterly revenue of $2.68 billion and a net profit of $650 thousand. In comparison, last year the company earned a revenue of $2.77 billion and had a net profit of $218 million
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- Campbell’s price target lowered to $26 from $28 at UBS
- Campbell’s price target lowered to $30 from $34 at Stifel
- Campbell’s price target lowered to $30 from $31 at Wells Fargo
- Campbell’s price target lowered to $33 from $39 at Bernstein
- Cautious Outlook for Campbell Soup: Sell Rating Amidst Execution Risks and Competitive Pressures
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