Campbell Soup expects sales to fall as lockdowns ease; shares fall

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Stifel Reiterates Hold Rating on Campbell Soup (CPB)

September 4, 2020 6:58 AM EDT

Stifel analyst Christopher Growe reiterated a Hold rating and $53.00 price target on Campbell Soup (NYSE: CPB) following the company's 4Q earnings report. Campbell reported EPS of $0.63, up 28% over the prior year during this period of elevated demand due to COVID. The shares were weak,... More