Campbell Soup (CPB) Tops Q3 EPS by 1c, Updates FY EPS Guidance

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RBC Capital Reiterates Sector Perform on Campbell Soup (CPB) Following 3Q Beat

May 23, 2016 6:52 AM EDT

RBC Capital maintained a Sector Perform rating and $62.00 price target on Campbell Soup (NYSE: CPB) following the company's 3Q earnings report. RBC raised FY16 EPS from $2.91 to $2.95 (compared to $2.95 consensus) largely to reflect an ongoing supply chain productivity improvement and a slightly lower expected... More