Campbell Soup (CPB) Tops Q1 EPS by 11c, Offers Q2 Guidance

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Go back to Campbell Soup (CPB) Tops Q1 EPS by 11c, Offers Q2 Guidance

Campbell Soup (CPB) PT Lowered to $58 at Jefferies

December 10, 2020 8:14 AM EST

Jefferies analyst Rob Dickerson lowered the price target on Campbell Soup (NYSE: CPB) to $58.00 (from $59.00) while maintaining a Buy rating.

The analyst commented, "We edge our FY'21 EPS est. higher post-CPBs Q1 beat (OP +10% vs. Street). Despite posting a second consecutive qtr.... More