RBC Capital analyst Nik Modi keeps a Sector Perform rating and $47 price target on Campbell Soup ahead of its Q2 results. The company should report an in-line Q2, with a possible top-line benefit from Meals & Beverages segment related to strong Soup trends observed in January, the analyst tells investors in a research note. With pricing ability fading as the year progresses, delivering volume growth becomes more crucial, the firm added.
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