BofA lowered the firm’s price target on Campbell’s (CPB) to $23 from $26 and keeps an Underperform rating on the shares after a Q2 EPS miss and lowering of the company’s FY26 outlook. The firm cites ongoing Snacks underperformance, elevated leverage and tighter cash management, and limited earnings visibility for its Underperform rating.
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Read More on CPB:
- Campbell’s price target lowered to $24 from $29 at TD Cowen
- Campbell’s price target lowered to $26 from $30 at Evercore ISI
- Campbell’s price target lowered to $27 from $33 at Bernstein
- Campbell’s price target lowered to $26 from $30 at RBC Capital
- Campbell’s price target lowered to $25 from $27 at Morgan Stanley
