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Campbell Soup price target raised to $47 from $46 at TD Cowen

TD Cowen analyst Robert Moskow raised the firm’s price target on Campbell Soup to $47 from $46 and keeps a Hold rating on the shares. The firm met with management who expressed excitement about its upcoming Investor Day and its long-term prospects now that it has the fast-growing Sovos Brands business in its portfolio and a path toward further margin expansion in Snacks.

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