Argus downgraded Campbell’s (CPB) to Hold from Buy. The firm believes that valuations on the stock are reasonable given the company’s weak volume and “less than robust” outlook, though it would look to upgrade on signs of sustained volume and margin growth, the analyst tells investors in a research note.
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Read More on CPB:
- Campbell’s downgraded to Hold from Buy at Argus
- Food, agriculture leaders warn of MAHA’s overreach, WSJ reports
- Campbell’s price target lowered to $34 from $39 at DA Davidson
- Campbell’s price target lowered to $38 from $44 at RBC Capital
- Campbell’s price target lowered to $35 from $39 at Deutsche Bank