Goldman Sachs Removes Campbell Soup (CPB) from Conviction Buy List

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January 11, 2013 8:47 AM EST
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Price: $23.17 -0.47%

Rating Summary:
    0 Buy, 19 Hold, 9 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Goldman Sachs removed Campbell Soup (NYSE: CPB) from its Conviction Buy List but maintained a Buy rating and price target of $40.00. The firm see greater opportunity in Philip Morris International (NYSE: PM), which was added to the coveted list.

The firm said PM adds more global growth exposure while the firm lower domestic defensive exposure with the CL removal of CPB.

For an analyst ratings summary and ratings history on Campbell Soup click here. For more ratings news on Campbell Soup click here.

Shares of Campbell Soup closed at $35.31 yesterday.

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Goldman Sachs Conviction Buy List, Goldman Sachs