Campbell’s Soup (CPB) February volatility elevated into Q2 outlook

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Campbell Soup (CPB) PT Lowered to $56 at Stifel; Reiterates Hold

February 21, 2017 7:44 AM EST

Stifel lowered its price target on Campbell Soup (NYSE: CPB) to $56.00 (from $62.00) while maintaining a Hold rating. For the year, Stifel now estimates EPS of $3.06 which is at the mid-point of the companys EPS guidance range (+2% to +5%) and down $0.01 from previous estimates.

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