Campbell’s price target lowered to $25 from $27 at Morgan Stanley

Morgan Stanley analyst Megan Alexander Clapp lowered the firm’s price target on Campbell’s (CPB) to $25 from $27 and keeps an Equal Weight rating on the shares. Fiscal Q2 results were weak, while the lowered fiscal year outlook was “disappointing” and “still looks a bit optimistic,” the analyst tells investors in a post-earnings note.