Soleil Securities Initiates Coverage on Campbell Soup (CPB) with a Buy - Top Pick in Group
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Soleil Securities initiates coverage on Campbell Soup (NYSE: CPB) with a Buy. Price target $44.
Soleil analyst says, "We believe CPB's business is poised to rebound in F09 after moving sideways last year due to a stronger new soup lineup and brighter margin outlook. In our opinion, remains on a positive long-term trajectory in the U.S. and will augment growth in the future with success in new emerging markets...Top pick in group."
Campbell Soup Company (Campbell) together with its consolidated subsidiaries, is a global manufacturer and marketer of branded convenience food products.
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