Campbell Completes Acquisition of Sovos Brands, Inc.
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Evercore ISI Resumes Campbell Soup (CPB) at In Line
March 13, 2024 6:40 AM EDTEvercore ISI analyst David Palmer resumes coverage on Campbell Soup (NYSE: CPB) with a In Line rating and a price target of $49.00.
The analyst comments "Snacks and the acquired Sovos business should drive EBITDA growth: We are reinstating coverage of Campbell... More
Stifel Reiterates Hold Rating on Campbell Soup (CPB)
March 12, 2024 9:25 AM EDTStifel analyst Matthew Smith reiterated a Hold rating and $45.00 price target on Campbell Soup (NYSE: CPB).
The analyst comments "Campbell announced the completion of the Sovos Brands acquisition in a transaction valued near $2.7 billion or a 16x EV/EBITDA multiple using our 2024... More
