Barclays lowered the firm’s price target on Campbell Soup to $45 from $49 and keeps an Underweight rating on the shares. The analyst expects the stock’s performance to hinge on data points increasing visibility to the company’s “necessary pivot” in organic sales and EBIT growth in its second half of fiscal 2024.
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Read More on CPB:
- Campbell Soup price target lowered to $45 from $48 at Stifel
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