Campbell’s price target lowered to $25 from $30 at Stifel

Stifel lowered the firm’s price target on Campbell’s (CPB) to $25 from $30 and keeps a Hold rating on the shares after the company reported a softer than expected second quarter and lowered its FY26 outlook, reflecting the weaker second quarter, lower near-term expectations in the Snacks business, and incremental investments. The firm now estimates FY26 EPS of $2.21, which it notes is down 26c from its previous estimate.